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flag loanDepot reports quarterly loss, missing expectations and dropping stock price.

flag Mortgage lender loanDepot reported a loss of $0.26 per share for its latest quarter, missing analysts' expectations and causing a drop in its stock price. flag The company's negative net margin stood at 8.95%, and Goldman Sachs revised its price target from $1.70 to $2.70 while maintaining a "sell" rating. flag Director Anthony Li Hsieh sold a significant portion of his shares.

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