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Coin Edition 2023-03-10 10:24:00

Experts are Skeptical Over Silicon Valley Bank’s Survival

Cathie Wood, founder, CEO, and CIO at ARK Invest, is skeptical about the survival of the Silicon Valley Bank, SIVB, after its stocks fell by nearly 60%. The falling stock’s price contributed to a loss of over $80 billion, forcing the bank to sell off a $21 billion bond portfolio for a significant loss to The post Experts are Skeptical Over Silicon Valley Bank’s Survival appeared first on Coin Edition .

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