Silicon Valley Bank Stock Crash Explained

By Neil Rozenbaum – Mar 10, 2023 at 9:35AM

OTC: SIVB.Q

SVB Financial

Market Cap

$3M

Today's Change

(%)

Current Price

$0.05

Price as of May 16, 2024, 3:40 p.m. ET

Is there a real reason to panic or not?

In this video, I will talk about the recent crash in bank stocks, specifically Silvergate Capital (SI) and SVB Financial (SIVB.Q), and explain exactly what is going on and why other big U.S. banks followed suit on Thursday, March 9.

*Stock prices used were from the trading day of March 9, 2023. The video was published on March 10, 2023.

SVB Financial provides credit and banking services to The Motley Fool. Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends SVB Financial. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.