Loandepot is trading 10.3% lower at $0.50 as broader markets come under pressure from hotter-than-forecast inflation and rate-hike concerns.
- September CPI was 3.7% year over year, above the 3.6% forecast.
- Reuters reported stocks were selling off as investors reacted to inflation and the prospect of higher rates.
- No verified company-specific announcement on October 14, 2026, explains the decline; the October 12 Novaprime rollout has not been linked to it.