United Bankshares stock slides 1.75% after alert on phone scam threats

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United Bankshares (UBSI) stock declined by 1.75% today following the company’s warning about phone scams where fraudsters impersonate government agencies to demand immediate payments. The bank advises consumers that legitimate government agencies do not request payment over the phone and to verify any such demands before acting. Despite short-term selling pressure, the weekly outlook suggests a high probability of sideways to upward movement for UBSI, trading within a consolidation zone between $39.35 and $41.35.

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