Advertisement
Australia markets closed
  • ALL ORDS

    8,022.70
    +28.50 (+0.36%)
     
  • ASX 200

    7,749.00
    +27.40 (+0.35%)
     
  • AUD/USD

    0.6604
    -0.0017 (-0.26%)
     
  • OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD

    2,366.90
    +26.60 (+1.14%)
     
  • Bitcoin AUD

    92,030.09
    -3,011.19 (-3.17%)
     
  • CMC Crypto 200

    1,259.95
    -98.06 (-7.22%)
     
  • AUD/EUR

    0.6128
    -0.0010 (-0.16%)
     
  • AUD/NZD

    1.0963
    -0.0006 (-0.05%)
     
  • NZX 50

    11,755.17
    +8.59 (+0.07%)
     
  • NASDAQ

    18,161.18
    +47.72 (+0.26%)
     
  • FTSE

    8,433.76
    +52.41 (+0.63%)
     
  • Dow Jones

    39,512.84
    +125.08 (+0.32%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

1 Valuable Lesson Growth Investors Learned From the SVB Collapse

1 Valuable Lesson Growth Investors Learned From the SVB Collapse

Weeks after the collapse of SVB Financial, the parent company of Silicon Valley Bank, I think it's safe to say that there are still lessons to be learned by stakeholders. After all, SVB catered to many growth companies and the stock itself really acted much more like a growth stock in recent years, surging from around $250 per share prior to the pandemic all the way to about $750 per share in November 2021 when the markets were raging.