First Republic Shares Plunge After Earnings Call Without Questions

First Republic Bank’s decision not to take questions during its earnings call might have cost the bank, with shares dropping to an all-time low in intraday trading as analysts parse a challenging quarter without additional details from management.

Shares dropped as much as 30% to a record low of $11.20 Tuesday morning before paring some of those losses. At least six analysts have suspended their ratings or coverage of the stock, with two cutting it to sell Tuesday, according to data compiled by Bloomberg. The San Francisco-based bank had no immediate comment, spokesman Greg Berardi said.