PacWest Bancorp (NASDAQ: PACW) and Western Alliance Bancorporation (NYSE: WAL) shares are trading lower by 13.04% to $9.96 and 17.50% to $30.58, respectively, Friday morning.
Gainers
ThermoGenesis Holdings, Inc. (NASDAQ: THMO) shares jumped 80% to $3.7820 after the company announced the roll out of ReadyStart cGMP Suites for early-stage cell and gene-therapy companies.
The regional banking sector has come under intense scrutiny from investors in the wake of the recent collapse of Silicon Valley Bank and Signature Bank.
However, there are opportunities emerging for savvy investors who are willing to take on some risk.