Why Barclays Stock Jumped Today
Barclays(BCS) The Motley Fool·2024-02-20 22:16
Barclays (BCS 12.05%) stock made big gains Tuesday, ending the trading session up 11.7%, according to data from S&P Global Market Intelligence.The British banking and financial services company announced its fourth-quarter results before the market opened, reporting earnings that fell short of Wall Street's target. It posted a net loss of roughly 111 million pounds (roughly $140.1 million) on sales of 5.6 billion pounds (roughly $7.07 billion). The average analyst estimate had called for it to post a profit ...