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Here's Why Ares Capital (ARCC) Gained But Lagged the Market Today
ARCCAres Capital(ARCC) ZACKS·2024-09-24 22:56

Ares Capital (ARCC) ended the recent trading session at $20.71, demonstrating a +0.1% swing from the preceding day's closing price. This change lagged the S&P 500's 0.25% gain on the day. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.56%.Prior to today's trading, shares of the private equity firm had lost 1.34% over the past month. This has lagged the Finance sector's gain of 1.86% and the S&P 500's gain of 1.65% in that time.The investment community ...