PacWest Continued to Slide Nearly 5% in Premarket Trading After Tumbling 27.78% Yesterday

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PacWest Continued to Slide Nearly 5% in Premarket Trading After Tumbling 27.78% Yesterday

Tiger Newspress2023-05-03

PacWest continued to slide nearly 5% in premarket trading after tumbling 27.78% yesterday.

It reported double-digit quarterly declines in deposits at the end of March but said flows have since stabilized.

Last week, it said it would explore "strategic asset sales" to increase liquidity as it disclosed a loss in Q1.

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patricklowck
·2023-05-03
faster run
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Vincentan59
·2023-05-03
Sure another case coming😣😣😣
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