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OLB Group (OLB) Rally Cools After Hours as Shares Tumble 29%: Here's Why

Tanya Rawat

OLB Group shares fall 29% after hours as the company suspends its ATM program and launches a share buyback.

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OLB
Source
benzinga
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  1. Benzinga News-desk

    Shares of banks and financial services companies are trading lower following mixed financial results from key peers. Results from JPMorgan, Citigroup, Goldman Sachs and Wells Fargo suggest that the dealmaking and trading boom that fueled record first-half earnings may be slowing, as bond market volatility and equity market swings weighed on activity, particularly in late September, raising concerns about earnings momentum in the coming quarters.

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