PacWest's Stock Continues to Decline Amidst Short-Selling Ban Discussions.

1 min read
Source: Seeking Alpha
PacWest's Stock Continues to Decline Amidst Short-Selling Ban Discussions.
Photo: Seeking Alpha
TL;DR Summary

Regional lender PacWest is under additional pressure premarket, falling 3.3% to $4.38 in premarket trading, as regulators consider a ban on short-selling of bank stocks amid concerns over the economic outlook and falling commercial real estate values. While some argue that short-selling can harm market quality and stability, others contend that it balances the market ecosystem by shining a spotlight on companies that may deserve more scrutiny.

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