Sorry, no content matched your criteria.
Featured Story
Glencore Stock Price Soars Today After Slashing Zinc Production
The Glencore stock price jumped roughly 15% to 139.70 pence today (Friday) after the company drastically slashed its zinc production.
Zinc prices have fallen 30% in the last few months, prompting the production cut. Today's announcement sent zinc prices soaring more than 11% intraday to $1,850 per metric ton. That was the sharpest gain since at least 1989, according to Bloomberg.
While the Glencore stock price is climbing, the company is not out of the woods...
The Glencore stock price jumped roughly 15% to 139.70 pence today (Friday) after the company drastically slashed its zinc production.
Zinc prices have fallen 30% in the last few months, prompting the production cut. Today's announcement sent zinc prices soaring more than 11% intraday to $1,850 per metric ton. That was the sharpest gain since at least 1989, according to Bloomberg.
While the Glencore stock price is climbing, the company is not out of the woods...