Silvergate gets more bad news as Moody’s slashes its ratings

by Aurelia Butler 6 January 2023, 22:00 189 Views

Ark Invest, the investment vehicle of Cathy Wood, sold off more than 400,000 shares of parent company Silvergate Capital (NYSE:SI), worth $4.3 million on Jan. 6, leaving it with a mere 4,000 shares, according to various media reports. Those shares lost 43% of their value the previous day.

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Silvergate gets more bad news as Moody’s slashes its ratings

World awaits return of Chinese tourists as Covid curbs expire

Costco’s December sales beat shows the Club holding is still the retailer to own

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