[Ktolbert85]

Would it be illegal for chase to pass on declined merchants information to ondeck if they have asked for the clients permission to do so?

[mcaguru]

Stock lost its steam today :
On Deck Capital Inc (ONDK) Stock Rating Lowered by Pacific Crest

[AndyYSCISOdept]

Whoa seriously? I haven't had a chance to check. Did they give their reasoning and overall outlook on performance etc?

[Chambo]

Pacific Crest Downgrades On Deck to Sector Weight
Source:
Benzinga.com - 4:01 AM ET

Pacific Crest downgrades On Deck (NASDAQ: ONDKOpens Flyout Module that includes Quote information for linked symbol) from Overweight to Sector Weight.
Latest Ratings for ONDK
Date Firm Action From To
Dec 2015 Pacific Crest Downgrades Overweight Sector Weight
Dec 2015 Keefe Bruyette & Woods Upgrades Market Perform Outperform
Nov 2015 Pacific Crest Maintains Overweight

[KTK]

Not that it's directly correlated to this news but perhaps some people realized how potential this could actually be for Chase's numbers

[KTK]

Got a downgrade but it looks like that post says that sometime in the past few days they were also upgraded to outperform

[mcaguru]

Chase (JMP) is not up today on the ondeck release. I like ondeck but for Chase this deal is less valuable then when walmart adds a new kind of can beans to its shelves.