Regional/banks are dropping in value.

Currently shares of Beverly Hills-based PacWest Bancorp (PACW) were down more than 20%, to $7. Western Alliance Bancorporation (WAL), in Phoenix, was down 25%, to $27.50. The small New York-based Metropolitan Bank Holding Corp. (MCB) was off 24% to $20.35. And schw is down 5% as it drops to 49.14 dollars a share. Wfc down 4.2% too under 38 dollars a share. What do you guys think could this spill over again?

submitted by /u/Competitive-Wall2473
[link] [comments] https://www.reddit.com/r/stocks/comments/135npg3/regionalbanks_are_dropping_in_value/
Created 2y | May 2, 2023, 4:21:14 PM


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