PSEC has been in the news 500% more than usual
Mar 21, 2025, 12:32 AM
-16.24%
What does PSEC do
Prospect Capital, headquartered in New York City, invests in middle market U.S. companies through debt and equity to generate income and long-term capital appreciation. The firm focuses on secured loans, structured credit, and may acquire controlling interests.
PSEC has been in the news recently: Kristian Campbell is favored to be the Boston Red Sox's starting second baseman despite having a low batting average of .158 in 38 at-bats. Carlos Narvaez has been named the backup catcher for the team after Blake Sabol was sent to minor league camp.
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