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PacWest falls more than 20% as regional bank stocks slide to new lows

Por: NBC News Business May 02, 2023

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Regional bank stocks fell sharply Tuesday as the fallout from the third major bank failure this year continued to put pressure on the sector. Shares of PacWest fell 24% on Tuesday and was on track for its fourth-straight negative session. The stock was halted for volatility multiple times. The California-based bank was not the only regional lender under pressure. Shares of Western Alliance dropped 20%. The SPDR S&P Regional Banking ETF... + full article



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