Open Lending (NASDAQ: LPRO)
Open Lending Return vs. S&P
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Open Lending Company Info
Open Lending Corp. provides lending enablement and risk analytics to credit unions, regional banks and the captive finance companies of original equipment manufacturers (OEM Captives). It specializes in risk-based pricing and modeling and provides automated decision-technology for automotive lenders throughout the United States. The firm addresses the financing needs of near-prime and non-prime borrowers, or borrowers with a credit score who are underserved in the automotive finance industry. The company was founded by John J. Flynn, Sandy Watkins and Ross M. Jessup in 2000 and is headquartered in Austin, TX.
News & Analysis
Why Open Lending Stock Was Down 19.2% This Week
Earnings were in line with expectations.
Why Open Lending Stock Was Tanking Today
Second-quarter earnings were down from a year ago
Why Open Lending Stock Climbed 29% This Week
The auto loan fintech beat Q1 earnings estimates.
Why Shares of Open Lending Corp Are Surging Today
The company reported earnings results for the fourth quarter and full year of 2021.
Can Open Lending Capitalize on AI The Same Way Upstart Did?
While recent results have been impressive, they come with an important caveat.
Why Shares of Open Lending Are Up Today
The company recently reported its earnings results from the second quarter of the year.
Why Shares of Open Lending Are Rising Today
The company upsized its secondary offering to 9 million shares.
Valuation
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