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Investment fund SuRo Capital jumps after Q4 results

ReutersMar 12, 2025 3:41 PM

SuRo Capital's SSSS.O shares jump as much as 9.5%; last up 4.6% to $5.51

Company, which invests in high-growth, venture-backed private companies, late Tuesday reported smaller-than-expected Q4 loss

Citizens JMP Securities reiterates its "market perform" rating and raises PT to $8 from $7, a 51.8% upside to stock's last close

Brokerage says SuRo's portfolio is well positioned for appreciation in 2025 following robust deployment activity last year

CoreWeave, one of the hottest AI startups in the U.S. and the single largest initial investment in SuRo's history, filed for a New York IPO earlier this month

SuRo's stock down 5.5% YTD

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