Silvergate Capital (NYSE:SI) reported quarterly earnings of $0.48 per share which missed the analyst consensus estimate of $0.81 by 40.74 percent. This is a 27.27 percent decrease over earnings of $0.66 per share from the same period last year.
Nasdaq Down 50 Points; US Small Business Optimism Index Drops In April
U.S. stocks traded mostly lower this morning, with the Nasdaq Composite dropping over 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.08% to 33,593.40 while the NASDAQ fell 0.48% to 12,198.35. The S&P 500, also fell, dropping, 0.38% to 4,122.42.
