On Deck Capital Shares Plummet

After record losses in Q4, online lender On Deck Capital¬†suffered a drop of as much as 24% in their shares Thursday morning. The abrupt drop led¬†Tybourne Capital, the company’s largest shareholder, to sell its entire stake.

Since the company went public two years ago, it has yet to gain profitability and reported a loss of $85.5 million in 2016.

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