LendingClub IPO Warning Issued By Dick Bove – ValueWalk Premium

LendingClub IPO Warning Issued By Dick Bove

As the rush of initial public offerings tries to cash in on sky high valuations before the appropriate market environment changes to a more rational one, comes an IPO that Rafferty Capital Markets bank analyst Dick Bove thinks investors should avoid.

LendingClub Corporation is a forthcoming IPO backed by the Wall Street elite.

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