LendingTree (TREE) Rides on Growth Efforts Amid Weak Liquidity

LendingTree, Inc.'s (TREE) continuous efforts to diversify non-mortgage product offerings and focus on the Consumer segment are driving its revenue growth. Strategic acquisitions over the years have also been supporting financials. However, owing to the challenging operating environment, the Insurance segment's growth is expected to be subdued, while the weak liquidity position will hamper the capital deployment activities. Although, the company's cost base has declined in the recent past on the back of cos ...