This is having ripples across the investment markets. Bloomberg reports that Dodge & Cox is one of the largest holders of the stock. DODBX was down sharply yesterday due to a quarterly distribution. So, I don’t have a good read on how this issue may have affected their funds. BARC is down 2.8% at noon today.
Bloomberg is reporting a large block sale
(in excess of $1 Bil) of Barclay’s stock today.
Here’s a Yahoo
story re that sale.
Here’s an earlier story from Monday: U.S. News