BUZZ-Oxford Lane Capital slides after slashing distribution by 50%** Investment fund Oxford Lane Capital's OXLC.O shares slide 13.6% to $12.32
** OXLC declares distributions of $0.20 per share for months April, May and June 2026, vs. distributions of $0.40 per share for months January, February and March 2026
** Net asset value $(NAV)$ per share slides to $15.51 as of December 31, compared with $19.19 as on September 30
** Analysts expect defaults to rise and NAV per share to decline across business development companies as Q4 results start dropping in
** Two brokerages rate stock "buy"; median PT is $19 - data compiled by LSEG
** OXLC slumped 42.3% in 2025
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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