MFIN
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Medallion Financial Corp
9.87
+0.34 (+3.57%)
Last Update: 01 Jul 2025 23:01:00
Yesterday: 9.53
Day's Range: 9.31 - 10.19
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When Written:
6.825
Medallion Financial Corp is a publicly traded financial services company that specializes in providing financing solutions to the taxi medallion industry. Founded in 1995, the company has its headquarters in New York City, USA.
The company provides loans to taxi medallion owners, as well as to other businesses in the transportation industry, such as limousine and paratransit companies. Medallion Financial Corp also offers other financial services, such as leasing, factoring, and asset management.
In recent years, the company has faced challenges due to the rise of ride-sharing services like Uber and Lyft, which have disrupted the traditional taxi industry. However, Medallion Financial Corp has diversified its business to include other industries, such as commercial lending and real estate.
As of 2021, the company's stock is traded on the NASDAQ under the symbol "MFIN."
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The company provides loans to taxi medallion owners, as well as to other businesses in the transportation industry, such as limousine and paratransit companies. Medallion Financial Corp also offers other financial services, such as leasing, factoring, and asset management.
In recent years, the company has faced challenges due to the rise of ride-sharing services like Uber and Lyft, which have disrupted the traditional taxi industry. However, Medallion Financial Corp has diversified its business to include other industries, such as commercial lending and real estate.
As of 2021, the company's stock is traded on the NASDAQ under the symbol "MFIN."
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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