Regional/banks are dropping in value.


Currently shares of Beverly Hills-based PacWest Bancorp (PACW) were down more than 20%, to $7. Western Alliance Bancorporation (WAL), in Phoenix, was down 25%, to $27.50. The small New York-based Metropolitan Bank Holding Corp. (MCB) was off 24% to $20.35.
And schw is down 5% as it drops to 49.14 dollars a share.
Wfc down 4.2% too under 38 dollars a share.
What do you guys think could this spill over again?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *