I've been holding ~$4K of shares in WAL and PACW since May, up about 50%, and after checking in on the price movement on Maketwatch for a couple months I have noticed something: Even after (maybe ESPECIALLY after) regional bank stocks have a good day – like yesterday – with around 8% gains in the shares, the “Recent News” articles are nothing but negative press ?!?!?! What is this bias nonsense? Look up WAL on Marketwatch, top three articles:
– “PacWest, Western Alliance, United Community Banks stocks lose ground in premarket”
– “United Community Banks shares fall as ‘industry-wide deposit price competition’ weighs on results”
-“Western Alliance stock falls more than 5%; bank seeks to ‘return to normal’ after banking crisis”
Not a single blip about the big gain in price share yesterday? Just “down in pre-market”? I'm dying to know what the actual process is of getting an article on these running “recent news” tickers is – I mean do the shorts literally call up Marketwatch and say “hey, price went up, I wired you another $5K, I need 2 more hit pieces before market opens”? Or am I weird for thinking this seems flagrantly bias?
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