Why First Republic Bank Stock Fell 15.9% in January
First Republic Bank (NYSE: FRC) saw its share price decline 15.9% in January, according to S&P Global Market Intelligence.
The San Francisco-based bank fell short of the S&P 500, which was down 5.9% in January, and the Russell 2000, which dropped 9.7% in the month. More specifically, First Republic trailed the average return in the banking sector, which was up about 3.6% in January.
Source Fool.com
