Silicon Valley Bank to be delisted by Nasdaq stock exchange on 28th March

18th March 2023 – (New York) In accordance with a recent disclosure made to the Securities and Exchange Commission, the Nasdaq stock exchange has notified Silicon Valley Bank (SVB) of its imminent delisting of the stock belonging to its parent entity, SVB Financial Group, as per CNN’s report. The announcement outlined that the suspension is set to be implemented on 28th March of the current year, with the news causing a stir in financial circles. This event marks a significant occurrence in the ongoing narrative of the ever-shifting landscape of the stock market and its intricate workings.