Prospect Capital Corporation shares fall 1.56% intraday amid Nasdaq's proposed stricter listing rules for thinly traded companies.

Prospect Capital Corporation fell 1.56% in intraday trading. The decline in stock price may be attributed to the broader market sentiment, as indicated by the North American Morning Briefing, which reported that stocks were set to mostly rise on Thursday, with investors betting that weak job openings data has made it all-but-certain that the Federal Reserve will cut interest rates later this month. This suggests that the overall market sentiment was bearish, which could have contributed to the decline in Prospect Capital Corporation's stock price.