GreenSky -10.4% on impending funding loss

|About: GreenSky, Inc. (GSKY)|By:, SA News Editor

GreenSky (NASDAQ:GSKY) plunges 10.4% after this morning's reveal that Regions Financial won’t renew an indirect funding commitment that expires in Q4.

SunTrust doesn't think the change limits GreenSky's FY19 revenue outlook but notes that Regions accounts for about 17% of GSKY's total maximum funding commitment.

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