Shares of On Deck Capital Inc. plunged nearly 29% late Monday after the online small-business lender widened its quarterly loss. On Deck said it lost $13 million in the first quarter, compared with $5 million in the year-ago period. Adjusted for one-time items, On Deck said it lost $8.8 million, or 13 cents a share, compared to a loss of $3.3 million, or 5 cents a share, a year ago. Gross revenue was $63 million, up 11% from the prior-year period, the company said. Analysts polled by FactSet had expected On Deck to report an adjusted loss of 8 cents a share on sales of $69 million in the quarter. On Deck shares had ended the regular trading day down 3.8%.
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