TFC is down 4.98% to 51.18, better start working on those cuts!
5 replies (most recent on top)
https://www.nasdaq.com/articles/truist-financial-becomes-oversold-tfc-2020-03-20
I like the last comment, I am also interested to see what kind of statement the bank makes for the sharp price drop to the stockholders. Knowing everyone took a hit yesterday, are those cuts going to be coming soon than later?
I am anxious to hear what banks remarks will be to loss of price per share?
@ 34.51 at open this morning (3/10/2020). Whole market took a beating but banks took it especially hard.
Lots of mortgage activity to come for sure, but not sure where the next wave of profit will come from for Truist. Really doubt Wealth, Insurance and Bank Deposits are the future.
It will be awhile before it sees 51$ per share again