NYSE Warns loanDepot Over Low Stock Price

Irvine-based loanDepot Inc. has received a deficiency letter from the New York Stock Exchange after its shares traded below the exchange’s minimum price requirement (NYSE: LDI). The company’s shares averaged below $1 per share for 30 straight trading days, resulting in noncompliance, according to a loanDepot news release. Founder and CEO Anthony Hsieh said the […]