Guggenheim Loan Drops to New 73-Cent Low With Firm in Spotlight

Guggenheim Investments' financing entity loan has hit a new 73-cent low despite the firm's recent efforts to reassure lenders about its financial performance. The decline occurred following a lender call last week intended to address concerns stemming from disappointing second-quarter earnings results. The continued drop suggests that investors remain skeptical about the firm's outlook despite management's attempts to restore confidence.