Western Alliance Bancorp

-$1.76 (-4.3%)
Closing price June 9, 2023
U.S. equity markets closed mixed on Monday but were solidly lower early Tuesday. Worries over a slowing economy and political brinksmanship over the nation's debt ceiling will be hard to overcome.
Regional bank stocks were climbing in Monday's premarket, while a system overload caused the world's largest crypto exchange to close temporarily twice on Sunday.
Shorting regional banks' stocks is coming under scrutiny, and there are some calls for the SEC to ban the practice until the banking system stabilizes.
Investors got something they expected from the Federal Reserve on Wednesday, but there could be a hitch down the road. And regional banks have hit another serious headwind.
A short-seller report on Icahn Enterprises is, to say the least, unflattering. Regional banks continued Tuesday's slide, and AMD dropped on a weak forecast.
Thursday's top analyst upgrades and downgrades included Apple, Aramark, Bank of America, Chevron, Diamondback Energy, Exxon Mobil, Goldman Sachs, KeyCorp, Marathon Petroleum, Meta Platforms, Netflix,...
Premarket trading had all three major U.S. stock indexes lower on Wednesday. Regional banks reporting results have not offered a lot of good news.
U.S. markets traded higher before Tuesday's opening bell, after posting small gains on Monday. More earnings reports from big banks and other closely watched companies are coming this week.
After U.S. markets close on Tuesday, these three companies are expected to report quarterly results.
Investors are keeping their powder dry (and holding their breath) for the FOMC interest rate announcement due Wednesday afternoon. But a short squeeze could be in the making, and that would be fun to...
Shares of regional banks took a beating on Monday, but, having survived the day, appeared to be making a partial recovery in premarket trading on Tuesday.
The U.S. Treasury Department and the Federal Reserve took decisive steps to prevent the collapse of two banks from turning into a bank run. Equities were showing some positive effects early Monday.
Wedbush sees some upside but is cautious on Huntington Bancshares, Keycorp and other financial stocks.
Monday’s top analyst upgrades and downgrades included Accenture, Arcturus, Elastic, Marathon, Riot Blockchain, ResMed, Sykes Enterprises, Western Alliance Bancorp and more.
Monday’s top analyst upgrades and downgrades included Baker Hughes, Cabot Oil, First Solar, Corning, Sketchers, Valvoline, Vista Outdoor, Vizio and Zynga.