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Regional Bank PacWest Is Reportedly Weighing a Sale. What Should Investors Do?


After a bizarre few days of trading, it appears that the market's anxiety about regional banks might not have eased after all. Shares of PacWest Bancorp (NASDAQ: PACW) crashed in after-hours trading Wednesday, down more than 53% as of 7:50 p.m. ET, as Bloomberg reported that the bank is weighing strategic options, including a potential sale.

Bloomberg also reported that PacWest, which is based in Los Angeles and has $44 billion in assets, is considering breaking itself up or raising capital.

With the stock getting crushed, what should investors do? Let's take a look.

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Source Fool.com

Pacwest Bancorp. Aktie

6,95 €
-2,82 %
Ein deutlicher Verlust bei Pacwest Bancorp. heute, um -2,82 %.

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