FIRST REPUBLIC ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against First Republic Bank and Encourages Investors to Contact the Firm

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Watch out for the short squeeze in mid-cap banks, warns Morgan Stanley

May 16, 2023 11:57 AM EDT

Morgan Stanley analyst Manan Gosalia warned investors to watch out for the short squeeze in mid-cap banks in a note Tuesday.

Gosalia explained that the group is down 11% month-to-date and 31% since March 8, but the "recent declines seem overdone as QTD deposit outflows are tracking in-line with... More