Silvergate Capital shares were down 31% after the lender said it would wind down operations and liquidate its crypto-friendly lender Silvergate Bank. $SI could hit a record low on Thursday if those losses hold through the regular trading session:
Stock decliners: Also on MarketWatch: This fund has increased its dividend for 56 straight years. Now it’s snapping up GE.
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Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate BankThe company behind Silvergate Bank said it is considering how best to resolve claims and preserve the residual value of its assets.
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Silvergate shutting down operations and liquidating bankSilvergate Capital announced on Wednesday that it will wind down operations and liquidate Silvergate Bank.
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Marathon ends its credit facilities with Silvergate, prepays loanThe news comes shortly after Silvergate Capital Corporation announced it was voluntarily liquidating Silvergate Bank.
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Silvergate Capital shares tank after company announces plan to wind down bankSilvergate Capital Corp. shares plunged 30% in after-hours trading Wednesday after the company said it intended to wind down operations and voluntarily...
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Silvergate Capital stock tanks as company plans to wind down its crypto-friendly bankSilvergate Capital Corp. shares plunged 30% in after-hours trading Wednesday to a record low, after the company said it intended to wind down operations and...
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Silvergate Capital winding down business; will voluntarily liquidateSilvergate Bank will be wound-down and liquidated, the California-based Silvergate Capital said Wednesday. Speculation about its status had arisen last week.
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