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Personal Finance Topics / Macroeconomic Trends and Risks
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Author: lizgdal   😊 😞
Number: of 1024 
Subject: Re: SVB question
Date: 03/11/2023 10:19 PM
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On Wednesday, SVB said it would raise $2.25 billion in equity capital. The stock price collapsed on Thursday, and trading was halted Friday before the market open. The response was so swift that I doubt restructuring the deal would have changed anything. Growth can hide many mistakes, but a shrinking asset base is unforgiving.

https://wolfstreet.com/2022/07/22/the-silicon-vall...
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