Bank stocks crashed in morning trading; PacWest and Western Alliance tumbled over 20% before pausing their trading, while Wells Fargo and Barclays PLC slid over 3%.
The New York Stock Exchange LLC announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the eight securities of First Republic Bank from the NYSE. Trading in the Company’s Securities will be suspended immediately.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments