Enova International is trading at $134.11, down 20.64% in after-hours trading after renewed coverage of a shareholder investigation into potential securities-law violations connected to its withdrawn Grasshopper Bancorp acquisition applications.
- Enova withdrew applications with the OCC and Federal Reserve on September 14, citing unclear standards for nonbanks seeking bank status.
- The proposed approximately $369 million Grasshopper Bancorp acquisition was derailed and remains abandoned.