To start the trading day, multiple bank stocks rallied due to volatility more than once

Photo of author

trace the panic-like activity of in the wake of the recent failures of SIVB of SVB Financial Group,

Silicon Valley Bank and SBNY,
Investors May Check Out The Nasdaq »current trading haltp. Several banks have had their stock capped for volatility more than once since the opening bell. Among some that have already been capped at least twice, shares of Western Alliance Bancorp Wall,
fell 78.2%, Sector Financial Corp. RF,
Drowned 15.6%, First Republic Bank FRC,
Falling 65.5%, Comerica Inc. cma,
39.4% and PacVest Bancorp. pacw,
47.7% dived. Selling comes in the form of the S&P 500 SPX,
rose 0.1%, erasing an earlier 1.4% decline.

See also  PayPal CEO plans exit, shares soar after earnings update