Shares of blank check company LM Funding America, Inc. (LMFA) are currently gaining over 70%. The company announced it closed its $103.5 million initial public offering.
LMFA is currently trading at $2.60, up $1.10 or 73.3333%, on the Nasdaq.
The company's units commenced trading on the Nasdaq on January 26, 2021 under the symbol "LMAOU."
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.