Business development companies lend to midsize private companies at high interest rates. They have proven popular with retail investors in recent years by offering dividend yields of around 10%. Total...
Tag: IHRT
iHeart, Audacy, Clear Channel Stocks Fall on Forecast of Ad Market Slowdown
Text size Stock in iHeart has lost about two-thirds of its value so far this year. Jason Kempin/Getty Images for Clear Channel The prospect of an imminent economic recession has triggered a rush to th...