Enova: Investor Focus Turns From Grasshopper To Macro (NYSE:ENVA)
· seekingalpha.com
Enova International plunged 23% after scrapping the transformative Grasshopper Bank acquisition, erasing market-priced deal optimism. Click for more on ENVA.
When a stock plunges 23%, as Enova International ( ENVA ) did on Tuesday, the obvious question is whether the trading is an overreaction. On its face, the sell-...