cwzz
voted
On Monday after the US stock market closed, First Republic Bank ( $First Republic Bank(FRC.US$ ) released its first-quarter results. Due to a sharp decline in deposits overshadowing the bank's better-than-expected profits, the stock tumbled more than 22% in after-hours trading.
Highlights
First-quarter 2023 revenues were $1.2 billion, which is down 13.4% year-...
Highlights
![First Republic Bank's Q1 deposits plummeted by over $100 billion, causing its stock price to drop more than 22% in after-hours trading.](https://ussnsimg.moomoo.com/feed_image/70040946/f75bb864f3213b95a15a7e1f141bc512.png/thumb)
![First Republic Bank's Q1 deposits plummeted by over $100 billion, causing its stock price to drop more than 22% in after-hours trading.](https://ussnsimg.moomoo.com/feed_image/70040946/9f52e318f3a93e278dd24a581dfcf1fc.jpg/thumb)
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cwzz
liked
$Credit Suisse(CS.US$ it is widely believed that mutual fund, etf and other type of institutional investors' general rule is that they can not owned penny stocks. If a stock became penny stock then they should unload their positions asap.
Nearing its way down to below $ 1, it creates snowball effect because of HFT , automated bot trading, etc pushed down price even further. That maybe explained why CS drop more than 50% a few days ago, even though news of bail out has been d...
Nearing its way down to below $ 1, it creates snowball effect because of HFT , automated bot trading, etc pushed down price even further. That maybe explained why CS drop more than 50% a few days ago, even though news of bail out has been d...
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2
cwzz
liked
$First Republic Bank(FRC.US$ LET'S GEAUXXXXXXXX!!!
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cwzz
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$First Republic Bank(FRC.US$ $JPMorgan(JPM.US$ has came out sevral time in defense of FRC. they wont let it tank, as its their name on the line now
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cwzz
voted
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cwzz : me too.. but it started to go down again![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)