Shares of SVB Financial Group plummeted 30.6% to pace all of the S&P 500’s premarket losers on Thursday, which puts them on track for the worst one-day...
Shares of SVB Financial Group SIVB plummeted 30.6% to pace all of the S&P 500’s SPX premarket losers on Thursday, which puts them on track for the worst one-day performance in 23 years, after the banking services company announced a stock offering and a large loss from the sale of assets. The company said late Wednesday that it plans to sell $1.25 billion worth of common stock, which represents 7.9% of the company’s market capitalization of $15.
6% to pace all of the S&P 500’s SPX premarket losers on Thursday, which puts them on track for the worst one-day performance in 23 years, after the banking services company announced a stock offering and a large loss from the sale of assets. The company said late Wednesday that it plans to sell $1.25 billion worth of common stock, which represents 7.9% of the company’s market capitalization of $15.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Dish Network’s stock bounces off 14-year low after co-founder buys more sharesDish Network's stock surged to lead the S&P 500 gainers after co-founder Jim DeFranco spent nearly $16 million to increase his stake in the company.
Les mer »
Shares of this under-the-radar cell therapy stock are set to double, says BairdBaird initiated coverage of bluebird bio with an outperform rating and $10 price target, which implies 104% upside from Monday's close.
Les mer »
Delta’s stock has significantly trailed its big rivals. That could change, analysts say.Shares of Delta Air Lines Inc. moved higher on Tuesday after Evercore analysts upgraded the stock.
Les mer »
China announces plans for new national financial regulatorChina’s governmental overhaul will 'strengthen institutional supervision, supervision of behaviors and supervision of functions,” according to the plan.
Les mer »
6 small things you can do this year to improve your financial futureIf you really want to improve your finances — and your long-term financial security — you'll have a much better shot at doing so if you just pick 2 to 3 small, achievable goals that allow you to see progress over 6 to 12 months.
Les mer »
Treasury Secretary Yellen warns that losses tied to climate change could 'cascade through the financial system'Treasury Secretary Janet Yellen said a 'delayed and disorderly transition' to a net-zero emissions economy could create shocks to the financial system.
Les mer »