PRICE/VOLUME SPIKE: MCG CAPITAL (MCGC)
MCG Capital Corporation (NASDAQ: MCGC) is finding out what more of the same lack of love feels like. The stock got blasted as revenue fell from $50.2 million to $31.1 million. operating income fell from $28.5 million to $13 milion. Losses from the company’s portfolio made resuls worse. MCGC reported a net loss of $0.96 [...]
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