Why Frontline Stock Dropped 9% Today
Oil prices moved sharply lower -- down 4.5% -- as trading got back in gear Monday morning. And sliding alongside the commodity were shares of oil shipper Frontline Ltd. (NYSE: FRO) -- down an even steeper 8.8% as of 12:10 p.m. EST.
This slide is tied to today's coronavirus news, which is taking stocks down left and right. But how?
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Source Fool.com