48.890High48.155Low9.13MVolume48.360Open48.470Pre Close442.04MTurnover17.16%Turnover Ratio--P/E (Static)53.20MShares53.59852wk High--P/B2.56BFloat Cap33.36352wk Low1.59Dividend TTM53.20MShs Float73.740Historical High3.29%Div YieldTTM1.52%Amplitude19.543Historical Low48.428Avg Price1Lot Size
$37 Low. Timeframe: 1-2 weeks.
Tech and Real Estate Stocks Lead Market Surge
Okta Surges, Duolingo Beats, Real Estate Shines, and Axon Hits Highs
After-hours Stock Action
Okta ( $Okta(OKTA.US)$ ): Strong Rebound Post-Cybersecurity Event
Impressive Performance: Surged over 20% after hours on beating earnings and revenue estimates.
Positive Outlook: Strong guidance for both metrics; stock returning to pre...
Regional banks are still printing new lows. NYCB is crashing!
$New York Community Bancorp(NYCB.US)$$Spdr Series Trust S&P Regional Bkg Etf(KRE.US)$$Spdr S&P Bank Etf(KBE.US)$$iShares Russell 2000 ETF(IWM.US)$$Valley National Bancorp(VLY.US)$
More Trouble in the Banking Sector
Last week, the regional banking industry took a major hit. This was caused by very bad earnings from $New York Community Bancorp(NYCB.US)$. The negative sentiment spread throughout the regional banking sector.
The systemic spread of fear reached as far as Japan with just about any small bank with exposure to commercial real estate feeling the pain.
A few banks issued warnings that hinted towards more pain to come for banks in the commercial real est...
$Spdr Series Trust S&P Regional Bkg Etf(KRE.US)$ -3.53% and down ∼-10% in 2days
$New York Community Bancorp(NYCB.US)$ -10.17%
$Western Alliance Bancorp(WAL.US)$ -6.53%
$Zions Bancorp(ZION.US)$ -5.12%
US bank stocks surged after the Federal Reserve indicated potential interest rate cuts in 2024. The S&P 500 bank index rose by 4.4%, reaching its highest level since March. $Wells Fargo & Co(WFC.US)$ and $Bank of America(BAC.US)$ Global Research also raised banking sector price targets following the Fed's announcement. The $KBW Nasdaq Bank Index(.BKX.US)$ and its Regional Bank counterpart$Spdr Series Trust S&P Regional Bkg Etf(KRE.US)$ have increased by 5.08% and...
ColumnsBank Stocks Cheer for Lower Rates: Opportunity and Risk for the Banking Sector
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