
loanDepot (NYSE:LDI) Stock Price Down 3.3% Following Insider Selling

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loanDepot's stock price fell 3.3% after CEO Anthony Li Hsieh sold significant shares, reducing his ownership by over 50%. The stock traded at a low of $2.20, with a volume decline of 65% from the average. Analysts have mixed ratings on the stock, with a consensus rating of 'Reduce' and a price target of $2.58. The company reported better-than-expected earnings, but still faces challenges with negative returns and margins.
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