Barclays PLC, through its subsidiaries, provides various financial products and services worldwide. The company offers personal and corporate banking, mortgage, and wealth and investment management services to individuals and businesses; and retail and business banking, cards, corporate and investment banking, and wealth management and insurance services. It also provides brokerage and risk management services across various asset classes, including equity and fixed income, currency, and commodity products; strategic advice on mergers and acquisitions, corporate finance, and strategic risk management solutions; and multi-asset class and macro-economic research services, as well as offers credit cards and wholesale banking. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985. Barclays PLC was founded in 1896 and is headquartered in London, the United Kingdom.
When does this and other beaten up financial stocks like Loyds become o buy? You gotta think a bounce at least in the near future.
After this kind of drop, I would think we get a serious bounce some time this week. Im just not a fan of trying to catch falling knives!
I wish it was an easier bottom to predict. It's much harder when it's dropping so rapidly and gapping down.