Why Silvergate Capital Stock Is Tumbling Today
Shares of Silvergate Capital Corporation (NYSE: SI), a cryptocurrency bank, were plummeting this morning after the company released worse-than-expected fourth-quarter results.
The company's share price was down by 18.9% as of 11:40 a.m. ET.
Silvergate Capital reported fourth-quarter diluted earnings per share of $0.66, which missed analysts' consensus estimate of $0.72 per share.
Source Fool.com
