FMG News: World-Beating Mining Stock Turns Big Loser Thanks to China Slump - 4th Mar 2024, 11:24am

annb0t

Top 20
(Bloomberg) -- Iron ore behemoth Fortescue Ltd.’s months-long stock rally suffered a big pullback in February as investors turned sour on the company’s earnings growth and high exposure to slumping metal prices amid China’s rocky recovery.

Most Read from Bloomberg

Nvidia Becomes Tesla’s Successor as Market Flips From EV to AI What to Remember If the Stock Market Takes a Dive Haley Casts Doubt on Nominee Pledge After Trump’s Power Play BofA’s Subramanian Is Latest ...

>>> Read more: World-Beating Mining Stock Turns Big Loser Thanks to China Slump
 
Top Bottom