THESE FIRST REPUBLIC BANK HALTS ARE WILD
STOCK GOES LIVE AND IS GETTING HALTED WITHIN SECONDS
STOCK IS NOW DOWN 50% TODAY $FRC pic.twitter.com/nUHiWAD1Z6
— GURGAVIN (@gurgavin) March 20, 2023
Well that was fast.
FIRST REPUBLIC BANK STOCK JUST MADE A NEW ALL TIME LOW AND IS HALTED AGAIN FOR THE 3RD TIME TODAY NOW DOWN 36% $FRC pic.twitter.com/g9UHLUo1Fb
— dtkdreamers (@dtkdreamers) March 20, 2023
The bank’s shares, which have fallen more than 80 per cent in March, were down 46 per cent with trading halted numerous times into the afternoon.
https://www.ft.com/content/b67d2ab3-03bc-49fd-ac60-887373a64137
JUST IN: First Republic Bank, $FRC, shares halted after falling 25% to a new all time low.
Just as the halt occurred news emerged that JP Morgan is leading discussions with other big banks about fresh efforts to stabilize First Republic Bank.
Big banks continue to support $FRC.
— The Kobeissi Letter (@KobeissiLetter) March 20, 2023
Just a reminder that 11 other banks were already coerced into putting $30 BILLION into this failing bank just 3 days ago
First Republic down 20% pre-market.
The $30 billion that was put in from 11 other banks doesn’t seem to be enough.
This lifeline brings fresh worries and raises more questions
— dtkdreamers (@dtkdreamers) March 17, 2023
AC