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Silvergate Capital shares drop more than 40% after the crypto bank delays its annual report

Por: CNBC Business March 02, 2023

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Shares of plummeted Thursday after the bank delayed the filing of its annual 10-K report as it evaluates events that have happened since the end of 2022.The company, which provides banking services to crypto businesses, was last lower by 45%, after falling as much as 48.8% earlier in the day. The move pulled its year-to-date loss to 57%.Silvergate said in a filling Wednesday that it needs additional time for its accounting firm to complete... + full article



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