Live Oak Bancshares Inc Shares Dip Below Key Moving Average

Trading Update: A Closer Look at LOB’s Recent Performance

On Friday, shares of Live Oak Bancshares Inc (Symbol: LOB) fell below their 200-day moving average of $39.63, reaching a low of $39.51 per share. The stock is currently down approximately 5.5% for the day. The chart below illustrates the one-year performance of LOB shares compared to the 200-day moving average:

According to the chart, LOB’s 52-week low sits at $27.79 per share, while the high point reached $50.57. These figures stand in contrast to the last recorded trade price of $39.46.

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