Western Alliance (WAL) Says Not A Single Element Of Financial Times Article Is True

Western Alliance (WAL) calls the Financial Times Report of a sale 'categorically false.' Kevin Green discusses this as WAL is still halted pending the news. The Financial Times reported that WAL is exploring strategic alternatives and WAL responded that 'there is not a single element of the article that is true.' Kevin highlights other bank stocks that are being dragged down by this news including Pacwest Bancorp (PACW), First Horizon (FHN), and Metropolitan Bank (MCB). Tune in to find out more about the stock market today.