Ares Capital (ARCC) Outperforms Broader Market: What You Need to Know
Ares Capital (ARCC) ended the recent trading session at $22.10, demonstrating a +0.55% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.16%. Meanwhile, the Dow gained 0.86%, and the Nasdaq, a tech-heavy index, lost 0.38%.Prior to today's trading, shares of the private equity firm had gained 1.34% over the past month. This has outpaced the Finance sector's loss of 5.04% and the S&P 500's loss of 2.2% in that time.Market participants will be ...