Why Navient Jumped 18% in April

·2-min read
Why Navient Jumped 18% in April

Shares of student loan provider Navient (NASDAQ: NAVI) rose 17.6% in April, according to S&P Global Market Intelligence. Navient delivered record earnings per share (EPS) and increased guidance for the full year by more than 30%. During the event, Navient was chastised for questionable lending practices -- some that are alleged, and others for which Navient has paid fines.

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