Barclays PLC Sells 24,334 Shares of LendingClub Co. (NYSE:LC)

Barclays PLC, a multinational financial services company headquartered in London, England, has recently sold 24,334 shares of LendingClub Co., a peer-to-peer lending platform based in San Francisco, California. The transaction was completed on the New York Stock Exchange (NYSE) under the ticker symbol NYSELC.

LendingClub Co. is a leading online lender that connects borrowers with investors who are willing to lend money. The company operates in two segments: its Consumer Loans segment, which provides personal loans to individuals, and its Business Loans segment, which offers financing solutions to small businesses. LendingClub Co. has been publicly traded on the NYSE since 2014.

Barclays PLC is one of the largest banks in the world, with operations in over 50 countries. The company provides a range of financial services, including retail banking, corporate banking, investment banking, and wealth management. Barclays PLC has been listed on the London Stock Exchange since 1972 and is a component of the FTSE 100 index.

The sale of shares by Barclays PLC represents a significant transaction in the financial services industry. It is not clear from the given information why Barclays PLC chose to sell its stake in LendingClub Co., but it may be related to the bank's strategic priorities or investment decisions.