Silicon Valley Bank stock just reopened for trading and it's seeing some wild swings after plunging to as low as a penny
Silicon Valley Bank stock has reopened for trading after being halted for nearly three weeks, and the stock is swinging wildly.
Once the stock was reopened, traders flooded the name with wild swings in both directions. On Tuesday, shares of Silicon Valley Bank — which currently trade under the ticker symbol"SIVBQ" — fell to as low as a penny. Since then, they have surged more than 12,000% to a high of $1.21 per share on Wednesday.
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