🟢 Prospect Capital is trading 6.6% up in pre-market after mixed fiscal first-quarter results

Prospect Capital is trading 6.6% up at $1.53 in pre-market on November 5, following fiscal first-quarter results released after the November 4 close.

• Net investment income was $0.15 per share, while the company reported a GAAP loss of $0.10 per share.
• Monthly distributions were reduced to $0.035 for November through January.
• The company expanded its share repurchase authorization to $200 million.