SLR Investment stock rises 2% after company sees no impact from SVB, Signature Bank debacle

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SLR Investment Corp. late Monday said that, following a “thorough review,” the failures of Silicon Valley Bank and Signature Bank won’t impact the company’s...

SLR Investment Corp. SLRC late Monday said that, following a “thorough review,” the failures of Silicon Valley Bank and Signature Bank won’t impact the company’s operations. “We have concluded that these bank issues should not have a material adverse effect on the financial performance, portfolio credit quality, or liquidity position of the company.” Shares of SLR Investment rose 2% in the extended session Monday after ending the regular trading day up 0.4%.

... SLR Investment Corp. SLRC late Monday said that, following a “thorough review,” the failures of Silicon Valley Bank and Signature Bank won’t impact the company’s operations. “We have concluded that these bank issues should not have a material adverse effect on the financial performance, portfolio credit quality, or liquidity position of the company.” Shares of SLR Investment rose 2% in the extended session Monday after ending the regular trading day up 0.4%.

 

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