SVB down 60% today and another 16% in the after markethttps://www.cnbc.com/2023/03/09/svb-financial-falls-more-than-50percent-as-tech-bank-looks-to-raise-more-cash.html
It looks like there may be a run on the tech-focused bank as they have sold off virtually all liquid assets and announced a $1.8 billion raise.
This is likely a localized event, but JPM and BCA were both down 5% in sympathy.