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Open Lending (LPRO) News Today

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$1.92 -0.03 (-1.54%)
Closing price 05/23/2025 04:00 PM Eastern
Extended Trading
$1.90 -0.01 (-0.78%)
As of 05/23/2025 04:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Why is Open Lending Down Today?

Open Lending Co. (NASDAQ: LPRO) is experiencing downward pressure on its shares amid a wave of securities class-action lawsuits. Over the last 24 hours, multiple law firms have issued notifications or filed complaints alleging federal securities law violations and misrepresentations related to the company’s risk-based pricing models.

  • Numerous class-action lawsuits filed or announced by major firms—including Levi & Korsinsky; The Rosen Law Firm; The Law Offices of Frank R. Cruz; Schall Law Firm; Faruqi & Faruqi, LLP; Bronstein, Gewirtz & Grossman; Bernstein Liebhard LLP; and The Gross Law Firm—allege violations of Sections 10(b) and 20(a) of the Securities Exchange Act and Rule 10b-5.
  • Lead plaintiff and claim deadlines set for June 30, 2025, raising litigation risk and potential financial exposure for Open Lending.
  • Claims cover securities purchased between February 24, 2022, and March 31, 2025, with plaintiffs alleging misstatements about the performance of the company’s core risk-based pricing technology.
Posted 1+ days agoAI Generated. May Contain Errors.

LPRO Latest News

Open Lending Co. stock logo
Brokers Offer Predictions for Open Lending FY2025 Earnings
Open Lending Co. (NASDAQ:LPRO - Free Report) - Equities research analysts at Northland Capmk lowered their FY2025 EPS estimates for Open Lending in a report released on Thursday, May 8th. Northland Capmk analyst M. Grondahl now anticipates that the company will earn $0.07 per share for the year,
Open Lending Co. stock logo
Needham & Company LLC Boosts Open Lending (NASDAQ:LPRO) Price Target to $2.50
Needham & Company LLC raised their target price on Open Lending from $2.00 to $2.50 and gave the company a "buy" rating in a report on Friday.
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LPRO Media Mentions By Week

LPRO Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

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LPRO News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

LPRO Articles
This Week

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LPRO Articles
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This page (NASDAQ:LPRO) was last updated on 5/25/2025 by MarketBeat.com Staff
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