PACW News and Press, PacWest Bancorp From 05/05/23

2023-05-05 06:30:57 ET Summary Oil prices have taken a beating in recent days, with crude prices falling over 14% so far this year. This has been caused by concerns surrounding the global economy, but action is likely overplayed at this point. The dollar may be having a role t...

2023-05-04 16:08:54 ET Renewed worries about the banking sector weighed on Wall Street sentiment during Thursday's trading, with the major U.S. equity averages pushing lower yet again. Investors also continued to digest the previous day's Federal Reserve decision, while looking ahead to App...

2023-05-04 14:20:59 ET Bank stocks are once again getting pounded today in what has turned into a difficult week for the sector that has renewed fears from the banking crisis. Shares of Western Alliance Bancorp (NYSE: WAL) traded more than 29% lower as of 1:52 p.m. ET today. Ear...

PacWest Bancorp (NASDAQ: PACW) is one today's most active stocks by volume. So far today, approximately 70.45M shares of PacWest Bancorp have been exchanged, as compared to an average 30-day volume of 16.4M shares. PacWest Bancorp operates as the bank holding company for Pacific Western Bank t...

2023-05-04 13:03:52 ET Gainers: Actelis Networks ( ASNS ) +85% . Soligenix ( SNGX ) +65% . SaverOne 2014 Ltd ( SVRE ) +43% . Guardforce AI ( GFAI ) +41% . Arconic Corporation ( ARNC ) +28% . Shopify ( SHOP ) +25% . ...

2023-05-04 12:49:45 ET Summary Toronto-Dominion and First Horizon announced the termination of TD's agreement to buy First Horizon due to TD's inability to secure the needed regulatory approvals in a timely fashion. First Horizon has been in "maintenance mode" since the deal annou...

2023-05-04 12:03:32 ET Gainers: Lemonade ( LMND ) +25% on Q1 results . MDJM ( MDJH ) +18% . Root ( ROOT ) +12% on earnings . World Acceptance ( WRLD ) +11% on results . Reliance Global Group ( RELI ) +11% . ...

2023-05-04 12:02:57 ET Shares of PacWest (NASDAQ: PACW) fell more than 60% on Thursday morning as the stock market opened lower amid fresh sell-off for regional banks. The PAWC stock had been halted following massive volatility and traded to lows of $11.35 as uncertainty in the US ...

2023-05-04 11:17:56 ET The rout on regional banks continued on Thursday morning with shares of PacWest Bancorp ( PACW ), Western Alliance Bancorp ( WAL ), and First Horizon Corporation ( FHN ) down roughly 5 0% , 40 % , and 35% respectfully. As a result, they...

2023-05-04 11:05:29 ET Shares of PacWest Bancorp (NASDAQ: PACW) , a $44 billion asset lender based in Los Angeles, had plunged by nearly 57% as of 10:49 a.m. ET today after media reports about a potential sale of the bank last night spooked investors. At one point in after-hours tra...