News Formal

David Einhorn snapped up 2 regional banking stocks during turmoil: 13F

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Portugal Notícia Notícia

David Einhorn's Greenlight Capital snapped up 2 regional banking stocks during last quarter's turmoil

a week later. Both deals were brokered by the Federal Deposit Insurance Corporation.

North Carolina lender First Citizens' shares have surged 67% in 2023, while Hicksville, NY-based New York Community has jumped 20%. Those gains are in sharp contrast to the broader regional banking sector's big losses, with SPDR's sector-trackingEinhorn isn't the only prominent investor who appears to have seen last quarter's banking turmoil as a buying opportunity.in the first quarter of the year, building stakes in First Republic, Pacific Western, Western Alliance, New York Community, and Huntington Bank.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 729. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

David Einhorn's Greenlight Capital bets on pair of regional banking stocksThe hedge fund manager built positions in a pair of regional banks in the latest quarter.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »