2023-5-3 18:00 |
Quick Take Several regional bank stocks were halted due to volatility on May 2 after dropping more than 25%. KBW Nasdaq Regional Banking Index is down a further 4% today; it is down -26% for the year PacWest $PACW: -29% and halted Metropolitan Bank $MCB: -27% and halted Western Alliance $WAL: -25% and halted HomeStreet $HMST: -16% Zions $ZION: -11% First Foundation $FFWM: -10% Comerica $CMA: -9% Keycorp $KEY: -8% Bitcoin is up 2% today Banks: (Source: Trading View)
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