Signature Bank shares plunged nearly 30% early, but have trimmed those losses by more than half in another volatile day for bank stocks. $SBNY By JamieCrawleyCD
Signature Bank shares fell as much as 30% in early trading on Friday as the reverberations of the Silvergate collapse spread throughout the banking sector.
The action is volatile in today's session, with SBNY quickly bouncing from plunge and now lower by 12% at press time.on Wednesday, having delayed the filing of its annual 10-K report owing to questions from its auditors and accountants over its figures. It's shares are up 5% today, but remain lower by 98% on a year-over-year basis.
While Silvergate's demise may have rung alarm bells for investors around the durability of banks with close ties to the crypto industry, the rout has spread to more traditional lenders. Most notably, SVB Financial Group , the holding company of Silicon Valley Bank, is down more than 40% on Friday and now off just shy of 80% for the week. The tech-friendly lender earlier this week announced a loss of around $1.
The broad SPDR S&P Bank ETF – which counts banking giants Citigroup and Bank of New York among its top 10 holdings – is down 4.3% today and 15% for the week. The country's four largest banks by assets
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Signature Bank stock drops sharply after Silvergate announces winddownSignature Bank stock is down 11% in premarket trades as carnage from the announced wind-down of digital currency financial services company Silvergate...
続きを読む »
Signature Bank Stock Plummets as Crypto Banking FUD Spreads: DetailsSignatureBank seeing massive downtrend in stock devaluation, here's why its outlook is bad
続きを読む »
Signature Bank says its financial position is 'strong' but stock falls anywayS&P component says it holds $4.5 bln in cash and $89 bln in deposits and it's winding down its crypto exposure, but stock falls on Silvergate weakness.
続きを読む »
SVB extends swoons on bank run fears and analyst downgrades as it triggers bank stock lossesSVB Financial gets downgraded at Raymond James and Truist as reports by Bloomberg and The Wall Street Journal spark concerns about liquidity.
続きを読む »
Silvergate Capital stock tanks as company plans to wind down its crypto-friendly bankSilvergate Capital Corp. shares plunged 30% in after-hours trading Wednesday to a record low, after the company said it intended to wind down operations and...
続きを読む »