Why is Silvergate Bank still listed on the NYSE?
Curiously, Silvergate stock is still trading for $2 a share. As it turns out, the bank doesn’t meet the requirements for delisting.
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Show Notes
Silvergate Bank announced its voluntary liquidation and said that it would soon be closing as a bank -- so why is it still trading on the New York Stock Exchange and worth approximately $2 a share? Listen to the article to find out why.
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