14.83 -0.24 (-1.59%)

BANC investors herd to book profits while the going is good

7 min read

BANC OF CALIFORNIA, INC. is a falling knife that can bleed you if you catch it on Thursday. It returned -1.59% to close at 14.83. On a day when the overall market breadth was 37%, it closed higher than 13% of the market. In comparison, the benchmark SP500 index closed today at +0.16%.

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