|Company Name||Barclays PLC|
On March 28, 2022, Barclays disclosed that it had sold $15.2 billion more structured notes and exchange-traded notes than it had registered. Barclays would repurchase the affected securities at their original price, resulting in approximately $592 million in losses.
On this news, Barclays’ share fell $0.96, or 10.6%, to close at $8.09 per share on March 28, 2022, thereby injuring investors.
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