Why did First Republic Bank stock jump up today? Rebound from bank turmoil slump

Mar. 27, 2023 4:28 PM ETFirst Republic Bank (FRCB) StockXLF, BKXBy: Liz Kiesche, SA News Editor17 Comments

Bank branch of First Republic Bank at night in New York, USA

J2R

  • First Republic Bank (NYSE:FRC) stock ran up 12% in Monday trading, representing a fractional improvement after its shared plunged 90% since the beginning of March due to angst over deposit withdrawals and the declining value of some banks' assets.
  • Banking

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