Your email has been successfully added to our mailing list.

×
-0.00130208333333338 -0.00118923611111111 -0.00139322916666681 -0.000868055555555691 -0.00130208333333338 -0.00238715277777792 -0.00325520833333346 -0.00781250000000014
Stock impact report

Software debt selloff may give private credit an edge – Wells Fargo [Yahoo! Finance]

Capital Southwest Corporation (CSWC) 
Last capital southwest corporation earnings: 2/3 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.capitalsouthwest.com/investor-relations
Company Research Source: Yahoo! Finance
“More problem credits were always inevitable in software as the investment category developed,” Wells Fargo analysts Finian O'Shea and Jordan Wathen wrote in a Feb. 2 industry update note. Following a slump in stock prices for many large software companies late last week, including Microsoft, Oracle and Salesforce, liquid loan prices followed suit with a selloff of their own . Software sector loans in particular ended January down 2.97% , the worst such showing since September 2022. In the secondary loan markets, public software credits have traded wider. In contrast, book values on private credit loans in BDC investment portfolios are roughly in line with where they had been, the analysts noted. This may be a silver lining for private credit lenders' efforts to deploy capital to the sector, the analysts said. Private credit lenders have seen many borrower companies move to the syndicated loan market, where spreads are lower, especially in the past two years. “This bodes real Show less Read more
Impact Snapshot
Event Time:
CSWC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CSWC alerts
Opt-in for
CSWC alerts

from News Quantified
Opt-in for
CSWC alerts

from News Quantified