OppFi Inc is trading 5.5% down today at $8.29 as investors take profits following a sharp rally triggered by the proposed BNCCORP acquisition.

  • The pullback follows a strong run-up on June 16 that was driven by the company's proposed acquisition of BNCCORP and an accompanying investor presentation.
  • Selling pressure is being exacerbated by a broadly weaker U.S. equity market following the Federal Reserve’s latest policy decision and a shift toward cautious risk sentiment.