$PACW & $WAL dived in after-hours today; Rep. Goldman sold both on Mar 6
Regional banks are trading in the red zone, even more so due to PacWest's recent report while Western Alliance attempted to calm investors' nerves. Rep. Dan Goldman sold his stake in both banking stocks on March 6. But looking at present data, these sales are still saving the Rep. big time as $PACW and $WAL declined by almost 52.49% and 22.42% in after-hours today.
Western Alliance Bank and PacWest Bank are getting hammered today in after hours, with $PACW falling 55% and $WAL falling 25%.
U.S. Representative Daniel Goldman sold both stocks just before their dive began in March:
Regional banks are trading in the red zone, even more so due to PacWest's recent report while Western Alliance attempted to calm investors' nerves.
Rep. Dan Goldman sold his stake in both banking stocks on March 6.
But looking at present data, these sales are still saving the Rep. big time as $PACW and $WAL declined by almost 52.49% and 22.42% in after-hours today.