BUZZ-Oxford Lane Capital slides after slashing distribution by 50%
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Investment fund Oxford Lane Capitalsaw its shares drop 13.6% to $12.32 after announcing a 50% cut in distributions, now set at $0.20 per share for April, May, and June 2026. The net asset value (NAV) per share fell to $15.51 as of December 31, down from $19.19 on September 30. Analysts predict rising defaults and declining NAVs for business development companies as Q4 results are released. Despite this, two brokerages maintain a "buy" rating with a median price target of $19. OXLC's stock plummeted 42.3% in 2025.
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