TITLE

Shorts shake Western Alliance stock

AUTHOR(S)
Edwards, John G.
PUB. DATE
September 2008
SOURCE
Las Vegas Business Press (10712186);9/29/2008, Vol. 25 Issue 39, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the shares of Las Vegas, Nevada-holding company Western Alliance Bancorp went on a roller-coaster ride following the decision of the U.S. Securities and Exchange Commission to limit short-selling on financial stocks. The shares shot up $10, or 63% on the New York Stock Exchange to close at $25.75 on September 18, 2008. The following day, Western Alliance stocks closed at $15.61 at the Wall Street.
ACCESSION #
35015662

 

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