Is Silvergate stock a ‘buy’ after it suspended preferred stock dividend?
Silvergate Capital Corp suspends dividend on its preferred stock. Wedbush Securities analyst reiterates his neutral rating on “SI”. Silvergate stock is currently down over 85% since mid-August. Silvergate Capital Corp…
Crypto bank Silvergate suspends preferred stock dividend
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the announcement. Silvergate reported a $1…