First Republic loses a third of its value amid reports it’s considering a sale

First Republic Bank’s stock steadied Thursday, after steep losses, following reports that Morgan Stanley, JPMorgan Chase & Co., and other banks are in talks to provide support for the bank.

Earlier, the stock touched an all-time low amid reports the bank is exploring its strategic options, including a potential sale of the company

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Source: https://www.marketwatch.com/story/first-republic-bank-slides-another-15-premarket-after-reports-its-mulling-a-possible-sale-9efc5621?siteid=yhoof2&yptr=yahoo