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home / news releases / FRO - Why Frontline Stock Dropped 9% Today

FRO - Why Frontline Stock Dropped 9% Today

Frontline Ltd.

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?

Image source: Getty Images.

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Stock Information
Company Name: Frontline Ltd.
Stock Symbol: FRO
Market: NYSE
Website: frontline.bm
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