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5 Bank Stocks Under Fire

Bank stocks are struggling on fundamental and technical levels

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Bank Stocks — Valley National Bancorp (VLY)

VLY stock
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Valley National Bancorp
(VLY), which operates banks throughout the New York City region, is weaker and more volatile than many of the other regional bank stocks. That makes it a prime short-side candidate for investors looking to profit from the pressure coming down on the financials.

Although VLY reported better-than-expected earnings on April 24, it missed on the top-line results. The stock has fallen dramatically, down about 9% since reporting earnings.

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