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First Republic Bank plunges amid report it's evaluating possible sale (update)

Mar. 16, 2023 9:18 AM ETFirst Republic Bank (FRCB)By: Joshua Fineman, SA News Editor135 Comments

First Republic Bank branch

Sundry Photography/iStock Editorial via Getty Images

Update 9:20am: Updates shares, adds analyst comment.

First Republic Bank (NYSE:FRC) sunk 35% in premarket trading amid a report that it's evaluating strategic options, including a potential sale.

The bank, whose shares had plunged 80% in the past

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