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Stock impact report

Mogo Provides Business Updates

Mogo Inc. - Common Shares (MOGO) 
Company Research Source: PR Newswire
VANCOUVER, April 27, 2020 /PRNewswire/ - Mogo Inc. (TSX: MOGO) (NASDAQ: MOGO) ("Mogo" or the "Company"), one of Canada's leading financial technology companies, today provided an update on its business performance and measures the Company is taking in response to the ongoing COVID-19 pandemic. "Like many companies, we've had to quickly adapt and make some difficult but necessary decisions as a result of the emerging effects of the coronavirus. I'm proud of how our team has managed the transition and the tremendous commitment they have shown to serving our customers in these challenging times," said David Feller, President and CEO of Mogo. "We are taking actions to better position Mogo to manage through the current challenging environment, including steps to accelerate our path to positive cash flow. As we emerge from this period, financial health and digital banking are two trends we expect to accelerate, and our leading digital platform positions us well for the recovery."Actions tak Show less Read more
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