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What is the price of SVB Financial Group stock?

Historical daily share price chart and data for SVB Financial Group since 1990 adjusted for splits. The latest closing stock price for SVB Financial Group as of March 10, 2023 is 106.04. The all-time high SVB Financial Group stock closing price was 755.03on November 03, 2021.

Why did SVB sell stock?

UPDATE 2-Silicon Valley Bank to sell stock to cope with cash burn Startup-focused lender SVB Financial Group is selling assets and has embarked on a $1.75 billion share sale to shore up its balance sheet after cutting the 2023 forecast as rising interest rates weighed on the company and its customers.

Who is VSB?

VSB is a Petronas registered, fully Bumiputera owned company incorporated in 2014 with its main objective to source and make available the requirements for high quality, technological edged engineered products and services to the demanding standards of the Oil & Gas upstream & downstream, Petrochemical and Power sector.

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