PacWest Bancorp PACW is up 12.6% in premarket trades on Friday, as it recovered some of its steep losses from the previous session. Western Alliance Bancorp WAL is up 13.3% and First Horizon Corp. FHN is higher by 7.2%. On Thursday in regular trading, PacWest fell 50.6%, Western Alliance fell 38.5% and First Horizon dropped 33%.
... PacWest Bancorp PACW is up 12.6% in premarket trades on Friday, as it recovered some of its steep losses from the previous session. Western Alliance Bancorp WAL is up 13.3% and First Horizon Corp. FHN is higher by 7.2%. On Thursday in regular trading, PacWest fell 50.6%, Western Alliance fell 38.5% and First Horizon dropped 33%.
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Stocks making the biggest moves midday: PacWest, Western Alliance, Paramount Global & moreThese are the stocks posting the largest moves in midday trading.
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PacWest, Western Alliance stocks plunge as US regional banking woes worsenShares of PacWest Bancorp and Western Alliance Bancorp shares plunged on Thursday, dragging other regional lenders down, as news that both banks were in talks about strategic options sparked investor worries of a worsening financial crisis.
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