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2023-05-05 11:00:41 ET Regional bank stocks rebounded in early Friday trading after slumping the first four days of the week on fears over deposits, regulation, and overall stability of small- to mid-sized banks. The KBW Nasdaq Regional Banking Index ( KRX ) rose 3.5% at 10:48 A...
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...
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 12:20:00 ET Summary The bank panic went into phase 2, experienced a reboot this week. Tuesday's massive sell-off in the community banking market creates March-like investment opportunities. The bank submitted an important update to calm investors Tuesday May 3. ...
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 ...
Western Alliance Bancorporation (“Western Alliance” or the “Bank”) (NYSE: WAL), the holding company for Western Alliance Bank, today issued the following statement in response to an article published by the Financial Times. The Financial Times’ report today ...
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...
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2024-07-22 00:00:06 ET Jared Shaw from Industrial Alliance Securities issued a price target of $92.00 for WAL on 2024-07-21 19:54:00. The adjusted price target was set to $92.00. At the time of the announcement, WAL was trading at $76.72. The overall price target consens...
2024-07-22 00:00:06 ET Barclays analyst issues OVERWEIGHT recommendation for WAL on July 21, 2024 07:54PM ET. The previous analyst recommendation was Overweight. WAL was trading at $76.72 at issue of the analyst recommendation. The overall analyst consensus : BUY. Cu...