Wall Street leaders and U.S. authorities conducting talks on intervention at First Republic Bank (NYSE:FRC) are reportedly considering the possibility of government backing to encourage a deal.
Prison stocks are underperforming in the current market recovery, with three major publicly-traded ones trading deep in the red in the year to date. This marks a reversal from 2022, when the stocks notched spectacular gains despite the broader market swoon.
In the past, Elon Musk, the billionaire CEO of Tesla (NASDAQ: TSLA), and President Joe Biden have had differing opinions over the flagship electric vehicle’s role in the