First Republic Bank Stock: A Thesis-Changing Filing (NYSE:FRC)
The press release (on 3/16) headline reads: "Reinforcing Confidence in First Republic Bank - $30 Billion in Uninsured Deposits Committed from America's Largest Banks" The headline certainly reads bullish, yet FRC stock price was down 20% after-hours. While many First Republic Bank (NYSE:FRC) bulls…
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