First Republic stock’s soars a record 58%, but recovers only about one-fifth what it lost the past 3 days

First Republic stock’s soars a record 58%, but recovers only about one-fifth what it lost the past 3 days

Business
March 14, 2023 by secret
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[ad_1] While some of the hardest-hit regional bank stocks are posting record one-day rallies, the gains look a bit less impressive when compared with the beating they took over the previous three sessions. Shares of First Republic Bank FRC rocketed $18.05, or 57.8%, in morning trading Tuesday, which was more than quadruple the percentage of