Silvergate shares drop to record low as crypto companies sever ties

Silvergate Capital Corp. shares lost more than half their value Thursday to trade at a record low of $6.15 as several crypto companies ceased payment transactions with the lender.

Digital... Silvergate Capital Corp. shares lost more than half their value Thursday to trade at a record low of $6.15 as several crypto companies ceased payment transactions with the lender. The crypto companies made the moves after Silvergate said in a regulatory filing Wednesday that it would not be filing its audited 2022 annual report on time.

lets hope they follow FTX and get bankruptcy soon as possible

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Silvergate Capital, Salesforce, Snowflake, Okta and moreStocks making the biggest moves after hours: Salesforce, Snowflake, Okta and more Always remember that when a 🇺🇸 company beats it goes up 16% like $crm. When a commie 🇨🇳 company like $baba beats it drops 10%. These alibaba has a negative TEN YEAR return. Avoid dictator Xii and his garbage. $bidu $jd $nio
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Silvergate Capital, Salesforce, Macy's, Okta and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »