Sallie Mae (SLM) was trading lower as the private student lender disclosed fresh concerns on elevated charge-offs and potential impact on recoveries. Shares were 4.34% lower at $22.05 about noon on ...
SLM stock dropped 7.6% after management raised concerns about charge-offs. Sallie Mae said that certain debt resolution practices are contributing to elevated charge-offs. SLM is shifting toward ...
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