Mego Mortgage Corp. last week became the latest subprime lender to suffer from the departure of a momentum investor.

The Atlanta-based lender's stock fell to a 52-week low Wednesday after Putnam Investments sold more than 300,000 shares.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.