SVB Financial Group has lot 69% of it’s market capitalization in less than a day:
Hit again After Hours
$SIVB $106.04 ▼ -161.79 (-60.41%) today
$82.90▼ 23.14 (-21.82%) After hours
– Funds telling clients to withdraw funds via Bloomberg
After announced proposed offering of $1.25 billion of its common stock and $500 million of depositary shares
SVB Financial Accelerated Lower $SIVB 140.51 -127.32 (-47.54%) at lunch
Not the time for financials to be putting their hand out or diluting shares. probably doesn't help $SI
Western Alliance Bancorp $WAL 62.78 -8.78 (-12.27%) feeling it https://t.co/fyWKJymn6b— Traders Community (@TradersCom) March 9, 2023
SVB Financial Group Gapping down 1/3 overnight:$SIVB 187.50, -80.33, -30.0% After announced proposed offering of $1.25 billion of its common stock and $500 million of depositary shares Updatehttps://t.co/5ccKxsaTL8 pic.twitter.com/ciLmokLnR3
— Traders Community (@TradersCom) March 9, 2023
