Your email has been successfully added to our mailing list.

×
0.0157273918741809 0.0157273918741809 0.0157273918741809 0.0157273918741809 0.0157273918741809 0.0157273918741809 0.0157273918741809 0.0157273918741809
Stock impact report

RiverNorth Marketplace Lending Corporation Announces Investment Strategy and Name Changes

RiverNorth Specialty Finance Corporation (RSF) 
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--RiverNorth Marketplace Lending Corporation (the “Fund”) announced that as part of a restructuring intended to broaden the Fund’s investment mandate, the Board of Directors of the Fund (the “Board”) has approved changes to the Fund’s principal investment strategy and name.Effective as of April 15, 2020 the Fund’s name has been changed to RiverNorth Specialty Finance Corporation. The Fund’s common shares continue to trade under its existing New York Stock Exchange (“NYSE”) symbol “RSF”. The Fund’s preferred shares continue to trade under the NYSE symbol “RMPL”. CUSIP numbers for RSF and RMPL will not change. Further, the Fund’s investment objective, seeking a high level of current income, will remain the same.Effective as of May 22, 2020, the following changes will be made to the Fund’s investment strategy:Current Investment Strategy  New Investment StrategyUnder normal market conditions, invest, directly or indirectly at least 80% of its Managed Assets in Show less Read more
Impact Snapshot
Event Time:
RSF
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 RSF alerts
Opt-in for
RSF alerts

from News Quantified
Opt-in for
RSF alerts

from News Quantified