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A comment on FDIC Takes over Silicon Valley Bank. Parent comment

Re:FDIC Takes over Silicon Valley Bank by ashwagary on Friday March 10, 2023 @02:17PM (#35099419)
Just saw a First Republic stock chart in crash territory, contagion?
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Re:FDIC Takes over Silicon Valley Bank by everybodyknows on Friday March 10, 2023 @03:00PM (#35100062)
Today's price range: 45-95

https://www.cnbc.com/quotes/FRC?qsearchterm=first

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Re:FDIC Takes over Silicon Valley Bank by gumby on Friday March 10, 2023 @03:02PM (#35100091)
S&P bank sector is down across the board, but presume it will regress to the mean fairly soon. Aren't many other banks with exposure similar to SVB's.
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Re:FDIC Takes over Silicon Valley Bank by alfalfasprout on Friday March 10, 2023 @03:56PM (#35100903)
First republic is in the same region and has a ton of tech clients. Collateral damage. So far it looks like they don't have the same exposure as SVB did though.
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