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HRGLF - Hargreaves Lansdown: A Bargain After 16% Price Drop
Hargreaves Lansdown Plc Bristol
(Editor's note: Investos should be mindful of the risks of trading securities with limited liquidity, such as HRGLF. Hargreaves Lansdown PLC's main listing in London, HL.L, offers stronger liquidity.)
Introduction
Hargreaves Lansdown (OTCPK:HRGLF) (referred here as "HL"), the largest Direct-to-Consumer investment platform in the U.K., has seen its share price fell 15.6% since the beginning of last week. The fall has come after Neil Woodford, one of the U.K.'s most high-profile investors and a recipient of large sums of HL client investments, suspended withdrawals from his flagship fund.