$JEF - will there be contagion?

Jefferies has been the main collateral damage of the First Brands debacle (so far). The CEO and staff have been quick to publish news to say they will not be impacted by the collapse of First Brands, however the price tells a different story of investor sentiment. We've collapsed from $80 to near $50 over the last few months. Will $50 hold, or will we see a further run against them? Naturally, traders and investors will be keen to a) get their money out, and b) looks for signs of contagion throughout the wider financial landscape. Definitely one to watch at the moment.