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Valley National Bank, Seacoast Banking, Renasant, Popular, and Pathward Financial Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after hotter-than-expected inflation data and rising concerns over credit risk rattled investors.
BankUnited, Ameris Bancorp, and First Citizens BancShares Shares Plummet, What You Need To Know
A number of stocks fell in the afternoon session after hotter-than-expected inflation data and rising concerns over credit risk rattled investors.
Eastern Bank, Customers Bancorp, Citizens Financial Group, Banc of California, and Flagstar Financial Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after hotter-than-expected inflation data and rising concerns over credit risk rattled investors.
Atlantic Union Bankshares, East West Bank, Coastal Financial, Wintrust Financial, and United Community Banks Shares Plummet, What You Need To Know
A number of stocks fell in the afternoon session after hotter-than-expected inflation data and rising concerns over credit risk rattled investors.
Why Citigroup (C) Stock Is Falling Today
Shares of global financial services giant Citigroup (NYSE:C) fell 5.8% in the afternoon session after hotter-than-expected inflation data and rising concerns over credit risk rattled investors.
Why Axos Financial (AX) Shares Are Sliding Today
Shares of digital banking company Axos Financial (NYSE:AX) fell 8.9% in the afternoon session after a key inflation report came in higher than expected, sparking a broad market sell-off that hit financial stocks particularly hard.
Why SouthState (SSB) Stock Is Falling Today
Shares of regional banking company SouthState (NYSE:SSB) fell 5.9% in the afternoon session after a broad sell-off in the financial sector was fueled by a hotter-than-expected inflation report and rising concerns over credit quality.
Why Delta (DAL) Shares Are Getting Obliterated Today
Shares of global airline Delta Air Lines (NYSE:DAL) fell 6.4% in the afternoon session after a surge in crude oil prices sparked concerns about rising jet fuel costs, which could cut into the airline's profits.
Why Bank of Hawaii (BOH) Shares Are Trading Lower Today
Shares of regional banking institution Bank of Hawaii (NYSE:BOH) fell 5.1% in the afternoon session after a government report showed wholesale inflation was higher than expected, fueling concerns about credit risk and the potential for interest rates to remain elevated.
Ocular Therapeutix (OCUL) Stock Trades Down, Here Is Why
Shares of ophthalmology biopharmaceutical company Ocular Therapeutix (NASDAQ:OCUL) fell 8.6% in the afternoon session after a surprisingly hot wholesale inflation report fueled investor concerns about persistent price pressures.