Silvergate Capital Corp - Class A (SI) gains 9.24% for July 21

Equities Staff  |

Silvergate Capital Corp - Class A (NYSE: SI) shares gained 9.24%, or $9.12 per share, to close Wednesday at $107.87. After opening the day at $101.65, shares of Silvergate Capital fluctuated between $109.11 and $101.01. 874,519 shares traded hands an increase from their 30 day average of 669,321. Wednesday's activity brought Silvergate Capital’s market cap to $2,733,153,213.

Silvergate Capital is headquartered in La Jolla, California..

About Silvergate Capital Corp - Class A

Silvergate Capital Corporation is a registered bank holding company for Silvergate Bank, headquartered in La Jolla, California. Silvergate Bank is a commercial bank that opened in 1988, has been profitable for 22 consecutive years, and has focused its strategy on creating the banking platform for innovators, especially in the digital currency industry, and developing product and service solutions addressing the needs of entrepreneurs. The Company's assets consist primarily of its investment in the Bank and the Company's primary activities are conducted through the Bank. The Company is subject to supervision by the Board of Governors of the Federal Reserve System (the 'Federal Reserve'). The Bank is subject to supervision by the California Department of Business Oversight, Division of Financial Institutions and, as a Federal Reserve member bank, the Federal Reserve. The Bank's deposits are insured up to legal limits by the Federal Deposit Insurance Corporation.

Visit Silvergate Capital Corp - Class A’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Silvergate Capital Corp - Class A and to follow the company’s latest updates, you can visit the company’s profile page here: Silvergate Capital Corp - Class A’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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