LDI is trading 5.42% up at $1.26 as it moves in tandem with a stronger U.S. equity market and broad risk-on sentiment.
- Major indices are higher on June 29, with the S&P 500 up 1.56% and the Nasdaq Composite up 2.18%, supporting small-cap financial stocks like loanDepot.
- No company-specific news catalyst was identified; the move appears driven by easing geopolitical tensions and renewed buying across equities.