A First Republic Bank branch in New York, US, on Friday, March 10, 2023.
Shares of First Republic were up sharply in early Tuesday trading as concern over the state of the regional bank appeared to ease after a day of heavy selling.
The stock traded 20% higher in the premarket and was one of the best-performing names in the SPDR S&P Regional Banking ETF (KRE) — which was up 5%. Shares of other r…
Read more at cnbc.com: First Republic shares jump 20% as regional banks try to rebound from Monday’s selloff