Shares of the lender have been a big underperformer in 2023, dropping nearly 20%. However, much of this fall has been triggered by expectations of stake sale by peer lenders following the expiry of the 3-year lock-in period
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500