LendingTree Inc. (TREE) Plunges 8.13% on February 22

Equities Staff  |

LendingTree Inc. (TREE) had a rough trading day for Thursday February 22 as shares tumbled 8.13%, or a loss of $-30.2 per share, to close at $341.05. After opening the day at $343.05, shares of LendingTree Inc. traded as high as $358.80 and as low as $326.61. Volume was 688,145 shares over 9,300 trades, against an average daily volume of 221,877 shares and a total float of 11.97 million.

As a result of the decline, LendingTree Inc. now has a market cap of $4.08 billion.

The stock has a P/E Ratio of 162.8.

In the last year, shares of LendingTree Inc. have traded between a range of $404.40 and $112.00, and its 50-day SMA is currently $354.11 and 200-day SMA is $251.97.

For a complete fundamental analysis of LendingTree Inc., check out Equities.com’s Stock Valuation Analysis report for TREE.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

LendingTree Inc is an online lender exchange that connects consumers with lenders, and provides online tools to aid consumers in their financial divisions. It provides services such as mortgages, refinance loans, home equity loans, and among others.

LendingTree Inc. is based out of Charlotte, NC and has some 399 employees. Its CEO is Douglas R. Lebda.

LendingTree Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on LendingTree Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: TREE’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM

     
BRK.A

     
FB

     
JNJ

     
WFC

     
T

     
NFLX

     
TSLA

     
V

     
UNH

     
PG

     

Blockchain in Fintech - Discussion at the EU Parliament

From the recent Blockchain For Europe Summit in Brussels: Panel on Financial Market Infrastructure