Mon, 27 Mar 2023 13:46:46 GMT
First Citizens BancShares jumps 49%
The stock price of First Citizens BancShares opened the day's trading by 49% higher than the Friday's close. The stock price started the day at $868.27, compared to Friday's $581.80.
The surge occurred due to the bank announcing that it would buy out the Silicon Valley Bank deposits and loans from the Federal Deposit Insurance Corporation. The markets appear to