First Republic Bank (FRC) plummets to all-time lows. Renita Young discusses this as FRC is weighing sales of $100B in assets. She talks about how other banks are reacting including PNC Financial (NC), Fifth Third Bancorp (FITB), Comerica (CMA), and M&T Bank (MTB). She also goes over how PepsiCo (PEP) shares hit a new all-time high today after releasing earnings. It adjusted EPS came in at $1.50 and revenue came in at $17.85B. Tune in to find out more about the stock market today.
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