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Ares Capital (ARCC) Falls More Steeply Than Broader Market: What Investors Need to Know
ARCCAres Capital(ARCC) ZACKS·2024-07-18 23:06

Ares Capital (ARCC) closed the latest trading day at $20.85, indicating a -1.04% change from the previous session's end. This change lagged the S&P 500's 0.78% loss on the day. Elsewhere, the Dow saw a downswing of 1.29%, while the tech-heavy Nasdaq depreciated by 0.7%.The private equity firm's shares have seen an increase of 2.33% over the last month, surpassing the Finance sector's loss of 0.59% and the S&P 500's gain of 2.14%.The investment community will be closely monitoring the performance of Ares Cap ...