(CNBC) First Republic’s stock sank again on Wednesday as investors kept an eye on a potential rescue deal for the troubled regional bank. The bank’s shares dropped more than 29% on Wednesday, extending losses of nearly 50% on Tuesday. The stock has fallen more than 90% year to date and hit an all-time low Wednesday, being halted multiple times for volatility.
First Republic’s dramatic slide continues, stock falls nearly 30% as bank looks for rescue deal
This entry was posted in Syndicated. Bookmark the permalink.
