Last month, Jim Cramer said First Republic Bank is a "very good bank." $FRC stock has since fallen by 89%, over concerns that the bank is at risk of collapsing. pic.twitter.com/udgn8kfqej
— IGO Arena (@igoarena) April 25, 2023
Shares of First Republic Bank plummeted after first-quarter earnings showed massive deposit losses. Those declines accelerated to more than 40% Tuesday afternoon. *****dEi5j1Gh4L
— The Wall Street Journal (@WSJ) April 25, 2023