Silicon Valley Bank's stock fell over 20% in pre-market trading

2023-03-10 17:15:24

ChainCatcher news, Silicon Valley Bank's US stock pre-market fell over 20%. Previously, the famous American startup incubator Y Combinator reportedly advised numerous companies to limit their risk exposure to Silicon Valley Bank (SIVB). Founders Fund, a founder-focused investment firm, suggested that businesses withdraw their funds from SVB Financial Group. (source link)

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