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Crazy. I wonder how this will play out in the market. First Republic continues to drop. Trading at ~$28/share (previously ~$80/share on 3/10). Schwab is also
by xyst 4y ago
Crazy. I wonder how this will play out in the market.
First Republic continues to drop. Trading at ~$28/share (previously ~$80/share on 3/10).
Schwab is also feeling the pain. I guess their investments are tied up mostly in the tech sector?
Either we will see a dead cat bounce in the next few months or continued hemorrhaging. I can’t say for sure.