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BTCC / BTCC Square / thehindubusinessline /
PNB Housing Finance Crashes 17%—Worst Plunge in 7 Years After CEO Bailout

PNB Housing Finance Crashes 17%—Worst Plunge in 7 Years After CEO Bailout

Author:
thehindubusinessline
Published:
2025-07-31 21:44:57
17
2

PNB Housing Finance shares plummet 17%, on track for steepest drop in 7 years as CEO resigns

Another 'stable' financial institution bites the dust.

PNB Housing Finance just got rocked by a 17% nosedive—its steepest single-day drop since 2018. The trigger? A CEO resignation that sent shareholders sprinting for the exits. Guess 'leadership stability' wasn't in the pitch deck.

Blood in the water

Markets hate uncertainty, and nothing screams chaos like a sudden C-suite vacuum. The stock's freefall mirrors the classic finance playbook: bad news drops, algos panic-sell, and human traders pile on like vultures. Rinse and repeat.

Bonus jab: At least crypto crashes come with memes and free schadenfreude. Traditional finance? You get a PDF press release and a 10-Q full of excuses.

|Square

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