Magic Empire Global Limited (MEGL)

What's Going On With Magic Empire Global Shares Today?

Magic Empire Global Limited (NASDAQ: MEGL) plunged on Monday as First Republic Bank (NYSE: FRC) also succumbed to the banking meltdown after Silicon Valley Bank and Signature Bank. First Republic Bank share prices plunged Monday after the Federal Deposit Insurance Corporation confirmed the sale of FRC's assets and deposits to JP Morgan Chase & Co (NYSE: JPM). First Republic shares had fallen from around $115 in early March when troubles at Silicon Valley Bank surfaced. The FDIC's decision comes