Glencore shares are getting hammered at the open on Tuesday.
The mining company’s stock is down more than 5%, trading at around 115 pence. Glencore has been on a tear recently, recovering from a sub-70 pence plunge at the end of last month.
Here’s what the stock looks like on Tuesday:
Most of the major European share markets are down at the start of trading.
Here’s the scoreboard as of 8:30 a.m. UK time:
UK’s FTSE: -0.54%
Germany’s DAX: -0.88%
France’s CAC40: -1.17%
Spain’s IBEX: -1.03%
And this is what’s happened to the Euro Stoxx 50, which is an index of Europe’s biggest publicly listed companies.
It opened down around 1%: