🔴 Horizon Technology Finance is trading 7.1% down today after Q2 earnings miss and NAV decline

Horizon Technology Finance is trading at $4.21 (-7.14%) after its second-quarter update revealed weaker-than-expected results and a significant drop in net asset value (NAV).

• The company reported $25.0 million in investment income and $7.4 million in net investment income, while NAV per share fell to $6.23 from $6.98.
• The decline was further impacted by $4.4 million in non-recurring merger-related expenses associated with Monroe Capital Corporation.
• Market analysts attribute the move to specific earnings misses and NAV compression rather than broader index weakness.