Shares in Western Alliance Bancorp (WAL:NYQ) rise 2.74% in May

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Shares in Western Alliance Bancorp (WAL:NYQ) rose on Wall Street in May.

The lowest share price reached in month was $72.93 compared to a high of $83.13.

Western Alliance Bancorp employs 3,140 people and has reported $940,100,000 USD in income.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said “Overall, companies have beat analyst expectations on both earnings per share and revenue growth. But the latter has been particularly strong.”

George Sweeney, a qualified financial advisor writing for The Motley Fool, cautioned the market will have to cool eventually, though it may not be a full crash as some predict.

“The market seems to flinch with any piece of news. My view is there could be a drop in the stock market...but only if there is some significant bad news or a global event.”

Nothing in this article is to be assumed as financial advice.

Share price of Western Alliance Bancorp stocks in May

DateShare Asking Price
May 31$81.37
May 27$82.1
May 26$80.86
May 25$78.03
May 24$75.61
May 23$76.69
May 20$74.45
May 19$74.35
May 17$77.31
May 16$73.87
May 13$76.07
May 12$74.14
May 11$72.93
May 10$75.35
May 9$76.14
May 6$78.54
May 5$80.25
May 4$83.13
May 3$79.2

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