Stocks making the biggest moves midday: PacWest, Western Alliance, Paramount Global & more

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These are the stocks posting the largest moves in midday trading.

again on Thursday. Shares of PacWest dropped more than 50% after reports that the company was exploring a potential sale. The company said it is evaluating all options to maximize shareholder value.

Shares of First Horizon dropped more than 30% after its merger with TD Bank was called off, with the banks citing lack of clarity on a timeline from regulators. Western Alliance also suffered deep losses, falling more than 40%.

 

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