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Banco Santander, S.A.

Company NameBanco Santander, S.A.
Stock SymbolSAN

On February 4, 2024, the Financial Times published an article alleging, among other things, that Iran used Santander to “covertly move money around the world as part of a vast sanctions-evasion scheme backed by Tehran’s intelligence services.”

On this news, Santander’s stock price fell $0.24, or 5.7%, to close at $3.94 per share on February 5, 2024, thereby injuring investors.

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