business π PB Fintech stock tanks, but check out worse falls
PB Fintech shares dropped 28% on Thursday, September 24, marking its largest single-day loss. This happened in relation to the IRDAI draft paper on distribution norms, hitting a 52-week low. Historically, Yes Bank fell over 80% in March 2020, and PC Jeweller dropped 60% in February 2018. Dewan Housing saw a 55% to 60% intraday drop on September 21, 2018, due to liquidity panic. These examples show that while PB Fintech took a hit, others have experienced much bigger market crashes. π