Shares of SVB Financial Group (NASDAQ:SIVBP – Get Free Report) fell 2.7% during mid-day trading on Wednesday . The company traded as low as $0.70 and last traded at $0.80. 7,620 shares were traded during trading, a decline of 89% from the average session volume of 66,669 shares. The stock had previously closed at $0.82.
SVB Financial Group Trading Down 2.7 %
The stock’s fifty day moving average price is $1.68 and its 200-day moving average price is $5.49.
SVB Financial Group Company Profile
SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Securities. The Global Commercial Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services.
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