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Lendingtree (NASDAQ:TREE) Downgraded by BidaskClub

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Lendingtree Inc (NASDAQ:TREE)’s share price traded down 16.2% during trading on Thursday . The company traded as low as $329.00 and last traded at $346.70, 1,316,748 shares traded hands during trading. An increase of 603% from the average session volume of 187,174 shares. The stock had previously closed at $413.84.

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ValuEngine downgraded Lendingtree from a "buy" rating to a "hold" rating in a research note on Tuesday, April 2nd. Lendingtree (NASDAQ:TREE) was downgraded by stock analysts at BidaskClub from a "buy" rating to a "hold" rating in a note issued to investors on Wednesday, BidAskClub reports.

BidaskClub upgraded shares of Progress Software (NASDAQ:PRGS) from a hold rating to a buy rating in a research note released on Tuesday morning, BidAskClub reports. Several other equities research analysts also recently weighed in on PRGS. ValuEngine downgraded shares of Progress Software from a buy rating to a hold rating in a report on Monday, [.]

Lendingtree (NASDAQ:TREE) was downgraded by research analysts at BidaskClub from a "buy" rating to a "hold" rating in a research note issued to investors on Thursday, BidAskClub reports. A number of other research firms have also recently commented on TREE. Northland Securities reissued a "hold" rating on shares of Lendingtree in a report on Friday, [.]

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Lendingtree Inc (NASDAQ:TREE) insider Sushil Sharma sold 2,128 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $317.03, for a total value of $674,639.84. Following the completion of the transaction, the insider now owns 8,097 shares in the company, valued at approximately $2,566,991.91.

Susquehanna Bancshares upgraded shares of Lendingtree (NASDAQ:TREE) from a neutral rating to a positive rating in a report issued on Thursday morning, BenzingaRatingsTable reports. A number of other brokerages also recently issued reports on TREE. BidaskClub raised shares of WhiteHorse Finance from a sell rating to a hold rating in a report on Thursday, July [.]

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