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Western Alliance Shares Tumble Amid Fraud Lawsuit

Western Alliance ( ($WAL) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

Western Alliance Bancorporation’s stock price has been impacted by a lawsuit it initiated, alleging fraud by a borrower. This legal action, combined with negative insider sentiment due to increased insider selling, has raised market concerns. The company’s affirmed 2025 outlook has led to varied changes in price targets.

More about Western Alliance

YTD Price Performance: -4.33%

Average Trading Volume: 1,200,647

Technical Sentiment Signal: Buy

Current Market Cap: $8.7B

For further insights into WAL stock on TipRanks’ Stock Analysis page.

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