Nov. 6 at 6:27 PM
$OPRT
Apparently the market doesn’t like the stagnant revenue growth, the fact that they revised origination growth downward for 4Q, and the other macroeconomic headwinds they mentioned on the CC. I sold at
$5.60 yesterday, and will consider re-entry at a much lower SP when originations are expected to start growing again in the middle of next year.