PacWest’s stock finds its footing, rising in the absence of negative updates on banks

PacWest Bancorp regained its footing and ended higher for its second straight day of gains, with no major announcements from the sector on Tuesday.

PacWest PACW was up 2.4% at the closing bell, as the broad market equities moved down.

Earlier, PacWest was the most heavily traded stock in premarket action, with double-digit-percentage losses.

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