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Crypto Bank Silvergate Capital's Shares Fall After Wells Fargo's Bearish Call

The bank's analysts say Silvergate's growth potential is limited during crypto winter.

Updated May 9, 2023, 3:58 a.m. Published Oct 6, 2022, 1:41 p.m.
Wells Fargo downgraded its rating on Silvergate Capital's stock on concerns about the bank's growth. (© Andriy Onufriyenko)
Wells Fargo downgraded its rating on Silvergate Capital's stock on concerns about the bank's growth. (© Andriy Onufriyenko)