First Republic Bank shares plummet day after hitting record low
(Reuters) -First Republic Bank’s shares fell nearly 10% in premarket trading on Wednesday as analysts highlighted concerns about the troubled lender’s plans to turn around its business. The company’s shares were last trading at $7.34, paring some losses from a 27% plunge earlier in the day. The stock lost nearly half its value on Tuesday and will hit a record low for the second straight day if current levels hold. […]