NYCB’s stock plunges 45% after report that it’s exploring a stock sale

Date:

March 6, 2024

New York Community Bancorpâs stock cratered 45% on Wednesday following a report that the troubled regional lender is seeking to raise equity capital.

The stock â on track for its worst singe-session decline ever â had been halted because of volatility after a steep slide that continued after it resumed trading. Shares are now down 78% to date in 2024 and are trading below $2.

NYCB…

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

NYCB’s stock plunges 45% after report that it’s exploring a stock sale

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