NYCB Halted For Volatility After Falling More Than 60% in 2024

In what is certainly a concerning development, New York Community Bancorp (NYCB) has been halted for volatility after falling more than 60% this year. Subsequently, Moody’s Investors Service downgraded the bank to junk yesterday. Thereafter, it dropped another 8% in premarket trading today. Last…

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