Lendingtree Inc (NASDAQ:TREE)’s share price traded down 16.2% during trading on Thursday . The company traded as low as $329.00 and last traded at $346.70, 1,316,748 shares traded hands during trading. An increase of 603% from the average session volume of 187,174 shares. The stock had previously closed at $413.84.
Fixed mortgage rates continue their slide, falling for the fourth week in a row By Kathy orton august 17 (Paul J. Richards/AFP/Getty Images) Global and domestic unrest put downward pressure on mortgage rates this week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 3.89 percent with an average 0.4 point. (points are fees paid to a lender equal to 1 percent of the loan.
ValuEngine cut shares of Lendingtree (NASDAQ:TREE) from a buy rating to a hold rating in a research note released on Tuesday, ValuEngine reports. Other research analysts have also issued reports about the stock. Zacks Investment Research raised shares of Lendingtree from a sell rating to a hold rating in a research note on Tuesday, February [.]
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Lendingtree (NASDAQ:TREE) was upgraded by ValuEngine from a "hold" rating to a "buy" rating in a research note issued to investors on Friday, ValuEngine reports. A number of other research firms also recently weighed in on TREE. Bank of America reissued a "buy" rating and issued a $420.00 target price (up previously from $400.00) on [.]
View detailed financial information, real-time news, videos, quotes and analysis on LendingTree Inc. (nasdaq:tree). explore commentary on LendingTree Inc. and hear what the experts at TheStreet.
"Interest rates offered to borrowers can sometimes be influenced by lender capacity as well as market demand," said Doug Lebda, founder and CEO of LendingTree. "Some lenders may cut their profit.
BidaskClub cut shares of Lendingtree (NASDAQ:TREE) from a hold rating to a sell rating in a report published on Tuesday morning, BidAskClub reports. Other equities analysts have also recently issued reports about the stock. Compass Point reaffirmed a buy rating and set a $345.00 price target (up from $305.00) on shares of Lendingtree in a [.]
Lendingtree Inc (NASDAQ:TREE) insider Sushil Sharma sold 2,128 shares of the firm’s stock in a transaction dated friday, August 9th. The shares were sold at an average price of $317.03, for a total value of $674,639.84. Following the completion of the transaction, the insider now owns 8,097 shares in the company, valued at approximately $2,566,991.91.
Lendingtree (NASDAQ:TREE) was downgraded by stock analysts at BidaskClub from a "buy" rating to a "hold" rating in a note issued to investors on Wednesday, BidAskClub reports. TREE has been the subject of several other reports. ValuEngine downgraded Lendingtree from a "buy" rating to a "hold" rating in a research note on Tuesday, April 2nd.
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