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Short-sellers eye First Republic Bank, Western Alliance as SVB fallout spreads
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Short-sellers have turned their focus to First Republic Bank as the Silicon Valley Bank collapse has pushed the share prices of the nearly four decades old bank to multi-year lows.
First Republic Bank stock plunged a record 67% on 13 March before a trading halt. Short-sellers pocketed millions on the American bank’s share drop as the SVB...
Read more on fnlondon.comAbout this in other media
Short-sellers make $400m after Hindenburg report slams payments firm Block fnlondon.com /1 year ago
Swedish pension fund Alecta dumps First Republic Bank shares after price plummets cointelegraph.com /1 year ago
First Republic’s shares drop more than 17% after downgraded credit rating theguardian.com /1 year ago
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