Prospect Capital CEO Buys Big: Confidence or a Mirage?

Prospect Capital's stock surged after CEO John F. Barry dropped nearly $1 million on company shares! Was this a smart bet or a desperate move? While the purchase triggered a 5% jump, the stock is still down 37.5% this year, and a $1,000 investment five years ago is now worth just $536. Is this insider buying a sign of a turnaround, or just a blip on the radar? Find out what this means for investors now! Hosted on Acast. See acast.com/privacy for more information.