Western Alliance Bancorporation (symbol: WAL) was one of the biggest
winners of the trading day today (2016-03-30), gaining 9.42%. The number of
shares that changed hands was 2,504,131, or about 2.4 times the average
daily volume in the stock.
The closing price was $33.92, amounting to a market cap of $3,450,000,000,
about -13.27% off the highest price in the last 12 months. The stock has
been trading at a range between $26.6 and $39.11.
WAL is in the Major Banks industry, part of the Finance sector. It first
went public in 2005.
Looking at its valuation, the stock is now trading at 16.71 times earnings.
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