First Republic deposits dropped 40% in the first quarter.
Cutting 25% of workforce.
Pursuing strategic options.
Stock down after hours.
Here we go again. pic.twitter.com/ijMWHUkUNm
— Genevieve Roch-Decter, CFA (@GRDecter) April 24, 2023
We’re running out of “everything is fine!” memes
— Elon Musk (@elonmusk) April 25, 2023
"At this point, First Republic is a zombie bank…and the stock price reflects it" @BobEUnlimited $FRC #FirstRepublic #regionals #earnings pic.twitter.com/9wzT19J1AY
— CNBCOvertime (@CNBCOvertime) April 24, 2023
h/t dr0id
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