---
title: "BREAKING: New York Community Bank stock, $NYCB, rises 20% after announcing $1 billion capital raise."
description: "The stock is now up 125% from its low of the day seen just 2 hours ago.\nCompletely normal behaviour for a bank with $100 billion+ in assets.\nSource: The Kobeissi Letter"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [BREAKING: New York Community Bank stock, $NYCB, rises 20% after announcing $1 billion capital raise.](https://blog.syzgroup.com/syz-the-moment/breaking-new-york-community-bank-stock-nycb-rises-20-after-announcing-1-billion-capital-raise)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Mar 7, 2024, 1:05:12 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/breaking-new-york-community-bank-stock-nycb-rises-20-after-announcing-1-billion-capital-raise)

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