First Citizens BancShares jumps 49%

Note: This section contains information in English only.
Source: Dukascopy Bank SA


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 have assumed that the bank would get a discount on the financial assets.

Back to articles

Actual Topics

Thu, 20 Apr 2023 13:17:42 GMT

Tesla stock price plummets after earnings

The stock price of Tesla started the day's trading with a -8.70% gap down to $164.85. The stock drop was caused by the company's earnings revealing that the company's gross profit margins have reached a two year low level. Margins have been decreasing due to the company cutting prices on its models and competing with other electric vehicle makers.

Fri, 24 Mar 2023 09:55:33 GMT

Deutsche Bank stock drops

The stock price of Deutsche Bank has plummeted, as the insurance costs for a possible default of the bank have surged. By 10:00 GMT on Friday, the stock price of the company on the German stock exchanges had lost 14.54%.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.