Business
SVB extends 2-day plunge to 86% on report it will seek a sale after failing to raise capital
Shares of Silicon Valley Bank experienced another crash on Friday, falling as much as 67% and extending its two-day implosion to 87% after CNBC’s David Faber reported that the bank would seek to sell itself after it failed to complete its previously announced $2.3 billion capital raise. “That …
