Monday, December 5, 2022

CS share price crashes to new all-time low!

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Credit Suisse shares are in free fall.

Credit Suisse shares are under massive pressure again on Friday and have fallen to new all-time lows. They are thus continuing their downward trend, which has been ongoing since Wednesday, when the ailing big bank announced a new loss of billions and high outflows of customer funds.

At around 3:20 p.m., the shares of the second-largest Swiss bank are down 5.9 percent on a stock market that is tight overall and are trading at CHF 3.337, their lowest ever. The previous all-time low was from the beginning of October at CHF 3.518.

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