In Monday trading, Wells Fargo & Co.'s 8.00% Non-Cumulative Perpetual Class A Preferred Stock, Series J (NYSE: WFC.PRJ) is currently down about 0.5% on the day, while the common shares (NYSE: WFC) are off about 1.4%. Prospectus excerpt: Each depositary share, or ôDepositary Share,ö is a 1/40th ownership interest in a share of our 8.00% Non-Cumulative Perpetual Class A Preferred Stock, Series J, $1,000 liquidation preference per share, or ôSeries J Preferred Stock.ö As a holder of Depositary Shares, you will be entitled to proportionate rights and preferences of the Series J Preferred Stock (including dividend, voting, redemption and liquidation rights). You must exercise these rights through the Wells Fargo & Company Non-Cumulative Perpetual Class A Preferred Stock, Series X