Another domino falls in banking crisis
Following the significant losses experienced by New York Community Bank (NYSE: NYCB) stock last week, which resulted in a substantial decrease in its value, it appears that another bank could be facing a similar situation.
Specifically, Softbank Group (OTCMKTS: SFTBY) stock saw a decline of -28.35% in after-market trading, dropping from $30.79 at close to $22.06 in after-hours trading.