Eagle Point Credit stock jumps after Q2 earnings, acquires discounted CLO equity

3 hours ago 1
Financial growth of business was evident in investment graph, where an upward arrow on chart indicated increased profit, success. financial, growth, graph, investment, money, profit, business, arrow.

Jinda Noipho

Eagle Point Credit (NYSE:ECC) stock climbed 9.3% in Tuesday midday trading after the closed-end fund saw its net asset value rise during Q2, even as its net investment income per share, came in short of the average analyst estimate.

“We

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