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Bank Stocks Crashed in Morning Trading; PacWest and Western Alliance Tumbled Over 20% Before Pausing Their Trading

Tiger Newspress2023-05-02

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.

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  • FattAgain69
    ·2023-05-03
    Would bank crashes be the bubble for this downturn?
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  • setia100
    ·2023-05-02
    Fear 😨
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  • Jontrade
    ·2023-05-02
    Why?
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