Bill (BILL) said that in light of actions yesterday by U.S. regulators it expects that it will have access to substantially all of its corporate deposits and cash held in trust on behalf of its customers at SVB Financial (SIVB). As a result, Bill believes that the SVB closure will have minimal impact on the company’s financial position.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on BILL:
- Bill.com Holdings put buyer realizes 51% same-day gains
- Jefferies software/Internet analyst to hold analyst/industry conference call
- Bill.com discusses impact of Silicon Valley Bank closure
- Bill.com Holdings put volume heavy and directionally bearish
- Bill.com price target lowered to $160 from $200 at Credit Suisse
