Feel bad because you didn’t rake in that Powerball $1.5 billion? Think how LendingTree Chief Exec Doug Lebda must feel.
Lebda announced on Jan. 12 that the mortgage-lending company is upping its 2015 revenue guidance from about $245 million to somewhere north of $252.5 million.
The befuddling result: LendingTree stock was sliced, diced, creamed and puréed. Shares closed down 29.4 percent on Wednesday, to $61.14.
Comments
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy


