{"id":1899322,"date":"2023-03-16T14:14:59","date_gmt":"2023-03-16T18:14:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/svb-collapse-first-republic-bank-stock-bounces-back-to-positive-after-36-drop\/"},"modified":"2023-03-16T14:15:48","modified_gmt":"2023-03-16T18:15:48","slug":"svb-collapse-first-republic-bank-stock-bounces-back-to-positive-after-36-drop","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/svb-collapse-first-republic-bank-stock-bounces-back-to-positive-after-36-drop\/","title":{"rendered":"SVB collapse: First Republic Bank stock bounces back to positive after 36% drop"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsvb-collapse-first-republic-bank-stock-bounces-back-to-positive-after-36-drop%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1899322&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"col-12 col-md-7 col-lg-8 col-xl-9 float-left body colgap-l-50\" itemprop=\"mainEntityOfPage\">\n<div class=\"ArticlePage-articleBodyWrapper\">\n<div class=\"ArticlePage-articleBody\" itemprop=\"articleBody\">\n<div class=\"RichTextArticleBody\">\n<div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_78981818\" class=\"brid\" style=\"width:16; height:9;\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\">                <meta itemprop=\"name\" content=\"The clock is ticking for Biden on COVID-19 origins declassification bill\">               <meta itemprop=\"description\" content=\"President Joe Biden has less than a week to decide whether to sign or try to stop a bill declassifying COVID-19 origins intelligence that passed with veto-proof majorities. Both chambers of Congress unanimously passed legislation that would force the Biden administration to declassify all the information it has gathered on how the virus started as federal agencies are split between whether it began in nature or a lab leak.\">               <meta itemprop=\"duration\" content=\"PT1M23S\">               <meta itemprop=\"uploadDate\" content=\"2023-03-16 15:49:16\">               <meta itemprop=\"thumbnailURL\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/snapshot\/1263824_th_1678981756.jpg\">               <meta itemprop=\"contentUrl\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/sd\/1263824.mp4\">              <\/div>\n<p>               <script type=\"text\/javascript\"> var _bp=_bp||[]; _bp.push({ \"div\": \"Brid_78981818\", \"obj\": {\"id\":\"27789\",\"width\":\"16\",\"height\":\"9\",\"video\":\"1263824\"} }); <\/script>               <script type=\"text\/javascript\" async src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script>              <\/div>\n<\/p><\/div>\n<p><span class=\"ArticlePage-articleBody-firstLetter\">S<\/span>After a slump of 36%, the tocks for First Republic Bank returned to positive trading. <\/p>\n<p>First Republic Bank saw 71% loss of its total value in the past five days due to the financial panic that followed the collapse Silicon Valley Bank. Thursday&#8217;s morning saw the trend continue, with the San Francisco-based bank seeing 36% less of its value. Stocks rebounded to positive after a huge recovery. <\/p>\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<figure class=\"Figure mb-1 mb-sm-3 mb-md-1 article-lead-photo data_invisible\" data-align=\"center\" data-image-size=\"fixed\" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\">\n<div class=\"Figure-container\"> <picture><source media=\"(max-width: 768px)\" type=\"image\/webp\" width=\"767\" height=\"511\" data-image-size=\"1060x600_md\"><source media=\"(max-width: 768px)\" width=\"767\" height=\"511\" data-image-size=\"1060x600_md\"><source media=\"(max-width: 1440px)\" type=\"image\/webp\" width=\"645\" height=\"430\" data-image-size=\"1060x600_xl\"><source media=\"(max-width: 1440px)\" width=\"645\" height=\"430\" data-image-size=\"1060x600_xl\"><source type=\"image\/webp\" width=\"1060\" height=\"707\" data-image-size=\"1060x600\"><source width=\"1060\" height=\"707\" data-image-size=\"1060x600\"><\/source><\/source><\/source><\/source><\/source><\/source><\/picture><figcaption class=\"Figure-caption\" itemprop=\"caption\"> Monday, November 27, 2017, New York: A First Republic Bank window shows buildings. (AP Photo\/Mark Lennihan)                <\/figcaption><div class=\"Figure-credit\" itemprop=\"author\">                 Mark Lennihan\/AP                <\/div>\n<\/p><\/div>\n<\/figure><\/div>\n<\/p><\/div>\n<p><b>FIRST REPUBLIC BANK IN TALKS WITH MAJOR BANKS FOR RESCUE: REPORT<\/b> <\/p>\n<p>At 9:30 a.m. Thursday stocks traded at $20.24. A sudden surge occurred at 12:40. Stocks shot up to $38 by 1:10 p.m. and then stabilized at over $32. This was compared to Wednesday&#8217;s close at $31.16. <\/p>\n<p>Reports from the <i>Wall Street Journal<\/i> JPMorgan Chase and Morgan Stanley were among the big banks that had been in discussions to save the bank. <\/p>\n<p><b>CLICK HERE TO READ MORE ABOUT THE WASHINGTON EXAMINER<\/b> <\/p>\n<p>Reports claim that the government orchestrated talks to boost trader confidence. <\/p>\n<p>According to reports, the rescue plan could be announced as soon as Thursday afternoon.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><\/p>\n<hr>\n<p>&#8220;Read more from <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/first-republic-bank-bounces-back\">SVB stock collapses: First Republic Bank stocks rebound to positive after a 36% drop<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks for First Republic Bank bounced back to trading positive after a 36% slump. First Republic Bank saw 71% of its total value evaporate over the past five days amid the financial panic surrounding the collapse of Silicon Valley Bank. Thursday saw a continuation of this trend throughout the morning, with the San Francisco-based bank<\/p>\n","protected":false},"author":1,"featured_media":1899323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[8252,5373,14265,7385,5053,3994,9116,4359,21356],"class_list":["post-1899322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-8252","tag-bank","tag-bounces","tag-collapse","tag-drop","tag-positive","tag-republic","tag-stock","tag-svb"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1899322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1899322"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1899322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1899323"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1899322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1899322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1899322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}