TriplePoint Venture Growth BDC (TPVG) falls 3.10% on Strong Volume January 14

Equities Staff  |

Today, TriplePoint Venture Growth BDC Corp Inc’s (NYSE: TPVG) stock fell $0.54, accounting for a 3.10% decrease. TriplePoint Venture Growth BDC opened at $17.38 before trading between $17.41 and $16.86 throughout Friday’s session. The activity saw TriplePoint Venture Growth BDC’s market cap fall to $523,630,867 on 204,486 shares -above their 30-day average of 132,565.

About TriplePoint Venture Growth BDC Corp

TriplePoint Venture Growth BDC Corp. was formed to expand the venture growth stage business segment of TriplePoint Capital LLC, the leading global provider of financing across all stages of development to technology, life sciences and other high growth companies backed by a select group of venture capital firms. The Company’s investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by lending primarily with warrants to venture growth stage companies. The Company is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended.

Visit TriplePoint Venture Growth BDC Corp's profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on TriplePoint Venture Growth BDC Corp and to follow the company's latest updates, you can visit the company's profile page here: TriplePoint Venture Growth BDC Corp's Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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