Why Barclays Stock Just Crashed
Shares of British banker Barclays PLC (NYSE: BCS) got decimated on Monday after one of its peers across the channel, BNP Paribas subsidiary Exane BNP Paribas, was reported to have downgraded the British bank from outperform to neutral.
As of 1 p.m. ET, Barclays stock is down 10.2%.
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Source Fool.com