CION Investment Corporation: 2 Possible Outcomes From Interest Rate Cuts
CION Investment (CION) Seeking Alpha·2024-09-05 22:50
DNY59/E+ via Getty Images Overview When I previously covered CION Investment Corporation (NYSE:CION) back in May, I issued a strong buy rating because of the massive discount to NAV pricing that, I felt, wasn't deserved. Unfortunately, my confidence has not resulted in much of a return since then, so I wanted to revisit and reassess this business development company. CION Investment Corp operates as an externally managed business development company that has a market cap of about $639M. They generate earnin ...