PacWest Bancorp, Qurate Retail, Inc., Signature Bank and others have been dropping. Here is what you should know.

The leading indices are showing gains — Nasdaq up 1.32%, trading at 11,300. S&P 500 up to 3,886, gaining 0.63%.

Meanwhile, United States Participation Rate (Feb) released today at 13:30 UTC with a figure of 118.3, while the previous figure was 62.4.

What is a downtrend?

The perceived tendency of a price to move in a downward direction over time. A downtrend describes the price movement of a continously depreciative financial asset over a particular time frame. In a downtrend, each successive low and peak is lower than the ones found earlier in the trend. The downtrend is therefore composed of lower swing lows and lower swing highs.

PacWest Bancorp continues an 11 day downtrend; plunges 20.97% this session

Having fallen 20.97% from $12.35 in the current session, PacWest Bancorp is now trading at $9.76. The multi-billion-dollar banking firm ended Friday at $12.35 and dropped 20.97% today as it reaches the end of the current session. Current trading volume stands at 58.93 million; 1,651% higher than the 21-day average of 3.57 million. Also, the firm paid out a quarterly dividend of 25 cents per share on Tuesday, February 28th to all active shareholders as of Wednesday, February 15th. Eligible investors secured a quarterly dividend yield of 10.25% for this year.

| Qurate Retail | dips to $1.15 while on a 9 day downtrend

Having fallen 3.35% from $1.19 in the current session, Qurate Retail is now trading at $1.15. The US media corporation is sliding down from $1.19 to $1.15, taking a 3.35% loss as it nears the end of the session.

| Signature Bank | 38.43% decline over 6 days

Having fallen 22.87% from $90.76 in the current session, Signature Bank is now trading at $70. Signature Bank is down to $70, after ending Friday at $90.76. Overall, a 22.87% loss or $20.76 today. As things stand, trading volume is at 21.71 million, above the 21-day average of 2.45 million. Looking back to Thursday, January 12th, Signature Bank disclosed to the market its decision to pay a dividend of 70 cents per share for all shareholders on record up until Friday, January 27th. With the payment made on Friday, February 10th, the decision means the firm's shareholders could obtain an annual dividend yield of 4% this year.