Hercules Capital, Inc. (HTGC) is trading at $18.89, down 5.41 percent or $1.08, after the company announced plans to offer $250 million in convertible unsecured notes due 2028.
The stock opened at $19.31 and has traded between $18.60 and $19.55 today, compared to a previous close of $19.97. Current volume stands at 2.9 million shares, significantly above the average volume of 981,467. The stock's 52-week range is $16.95 to $22.04.
Proceeds will be used to fund investments in debt and equity securities, working capital, and other general corporate purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.