Online lender Enova spun off from Cash America

SHARE Online lender Enova spun off from Cash America

Chicago-based online lender Enova International Inc. was spun off Thursday from pawn show operator Cash America International Inc.

Cash America, based in Fort Worth, Texas, announced in July that it planned to spin off Enova into a separate, publicly traded company. Cash America acquired the business in 2006.

Enova shares started trading Thursday on the New York Stock Exchange under the “ENVA” ticker symbol. The company’s stock closed at $26.95 a share, down $3.56 or 11.67 percent.

Cash America will continue to trade on the NYSE under the “CSH” ticker symbol. Its shares closed at $24.71 a share, up $1.53 or 6.6 percent.

The Latest
In great-looking Netflix film, comedian gets serious again as an astronaut in crisis bonding with another lonely soul.
In all, 21 units were left uninhabitable after a portion of the apartment building’s facade collapsed.
Williams ended speculation that he would try to force his way to another team as he is set to meet with the Bears on Wednesday.
Art
A mystery is on display at the Chicago Maritime Museum. Five Impressionist oil paintings, by an unknown artist, are on display through April 19.
To reduce food waste, start by observing your family’s purchasing and eating habits.