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

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines