Why was tree sideways for a year

The stock price of TREE has experienced a significant increase of 10.16% on November 11, 2024. So, it seems unreasonable to ask why did Tree go sideways for a year.

However, if you are interested in analyzing the reasons behind LendingTree's (TREE) sideways movement over the past year, here are some factors to consider:

1. **Financial Performance**: LendingTree's financial performance has been impressive, with a reported adjusted earnings per share (non-GAAP) of $1.13 in Q2 2025, which is significantly higher than the consensus estimate of $0.38. This indicates a strong profitability trend, which could have supported the stock's value.
2. **Revenue Growth**: The company's revenue (GAAP) climbed to $250.1 million in Q2 2025, up 19% year-over-year. This growth in revenue, coupled with a strong earnings beat, suggests that LendingTree is performing well fundamentally.
3. **Market Conditions**: The overall market conditions, including interest rates, economic indicators, and sector-specific factors, can influence stock prices. If the market conditions were favorable for the financial sector, it could have supported LendingTree's stock price.
4. **Sector Performance**: The performance of the broader financial sector, including how LendingTree compares to its peers, can also impact its stock price. If LendingTree's performance is in line with or exceeds market expectations, it could maintain its stock price.
5. **Company-Specific Developments**: Strategic initiatives, partnerships, and innovations by LendingTree can also impact its stock price positively. For instance, the company's partnership with Coverdash to offer business insurance to its customers could have added value.

In summary, LendingTree's sideways movement for a year might not be adequately explained by fundamental factors. It's possible that other factors, such as market sentiment, sector dynamics, or external economic factors, might have influenced its stock price.