Keyword Analysis & Research: medallion financial corp stock

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What is Medallion Financial Corp?

Medallion Financial Corp. is a bank holding company, which through its subsidiaries, engages in the provision of consumer loans, raises deposits, and other banking activities. It operates through the following segments: Consumer Lending; Commercial Lending; Medallion Lending; RPAC Racing, LLC (RPAC); and Corporate and Other.

Should you buy Medallion Financial (MFIN) stock?

Investors need to pay close attention to Medallion Financial (MFIN) stock based on the movements in the options market lately. What Kind Of Shareholders Hold The Majority In Medallion Financial Corp.'s (NASDAQ:MFIN) Shares?

How did Murstein and medallion inflate the stock price?

Murstein and Medallion allegedly directed two separate schemes to inflate the company’s stock price, in part with the help of California-based media strategy company, Ichabod’s Cranium, Inc., and its owner, Lawrence Meyers, both of whom were also charged by the SEC with fraud.

Is medallion a taxicab company?

According to the SEC’s complaint, Medallion’s core business was making loans backed by taxicab medallions to taxicab owners and operators. However, the popularity of ride-sharing companies like Uber and Lyft led to a decline in the value of taxicab medallions and of Medallion’s stock price.

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