On Deck Capital shares rally on J.P. Morgan partnership
On Deck Capital Inc. shares jumped in the extended session Tuesday after the online small business lender said it partnered with J.P. Morgan Chase & Co. On Deck shares rallied 28% to $11.50. On Deck said in a Securities and Exchange Commission filing that J.P. Morgan would use the company's small business lending platform and OnDeck Score for small business customers. The company said it expects the partnership to start operations in 2016.
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