FRC News and Press, FIRST REPUBLIC BANK From 03/17/23

2023-03-17 12:48:37 ET Shares of First Republic Bank ( NYSE: FRC ) are down over 20% on Friday after a Wedbush Securities’ analyst turned super bearish on the regional players. First Republic stock downgraded to neutral Last night, a consortium of financial behemoths ...

2023-03-17 12:00:51 ET Gainers: Oportun Financial ( OPRT ) +17% . HIVE Blockchain Technologies ( HIVE ) +8% . Bit Digital ( BTBT ) +8% . Coinbase Global ( COIN ) +7% . Hut 8 Mining ( HUT ) +7% . Losers: First Repu...

2023-03-17 11:14:41 ET Stocks continued to suffer in Friday's midday trading, led by decline in major U.S. banks, a day after they teamed up to transfer $30B in deposits to First Republic ( NYSE: FRC ). In terms of individual stocks, XPeng ( XPEV ) shares pushed higher despi...

2023-03-17 10:57:09 ET Regional banks resumed their sell-off this morning as turbulent trading in the sector continued after the collapse of three banks last week. Shares of First Republic (NYSE: FRC) traded nearly 21% lower at 10:27 a.m. ET. Meanwhile, shares of Western Allia...

2023-03-17 10:52:40 ET Shares of First Republic Bank (NYSE: FRC) have slumped by as much as 67% this week, according to data from S&P Global Market Intelligence . The California-based regional bank is trying to shore up its liquidity by taking out loans from the Federal Rese...

2023-03-17 09:30:57 ET Summary First Republic Bank received a $30B deposit injection from 11 leading U.S. banks, including JPMorgan Chase. The Janet Yellen-orchestrated move is intended to bolster depositors' confidence. However, a dividend suspension led to another post-market ro...

2023-03-17 08:34:35 ET Billionaire investor Bill Ackman flagged financial contagion risks from the $30B deposit lifeline extended by major banks to First Republic Bank ( NYSE: FRC ), saying a temporary systemwide deposit guarantee is needed immediately. Eleven big banks agre...

2023-03-17 08:33:13 ET Diebold Nixdorf DBD -28% on liquidity concerns . Sarepta Therapeutics SRPT -18% on FDA advisory meeting for its muscular dystrophy treatment . ThermoGenesis ( THMO ) -19% . First Republic Bank FRC -15% after suspending d...

2023-03-17 08:32:58 ET First Republic Bank ( NYSE: FRC ) stock slid 20% in Friday premarket trading after the troubled lender suspended its dividend even after the U.S.'s largest banks agreed to deposit a total of $30B into the troubled lender. Wedbush analyst David ...

2023-03-17 07:20:15 ET Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify First Republic Bank ( FRC ) sinks after suspending dividend following bank support. FedEx ( FDX ) stock flies higher as cost-saving efforts b...