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Updated · MarketWatch · Apr 28Anglo American PLC shares fall 3.07 percent, underperforming the market
12 articles · Updated · MarketWatch · Apr 28
- The company's stock closed at £35.20 on Tuesday, with trading volume at 1.8 million, below its 50-day average of 6.0 million.
- This decline occurred despite a favorable session for the FTSE 100 Index, which rose 0.11% to 10,332.79.
- Anglo American PLC now stands 9.21% below its 52-week high of £38.77, reached on February 25th.
Despite a daily dip, why do some analysts continue to rate Anglo American a strong buy? With copper demand set to soar, is Anglo American's big bet on the metal timed for perfection? As the Anglo-Teck merger awaits a verdict from China, what are the biggest hidden risks? As Anglo American ditches its diamond business, who stands to win the coveted De Beers prize? After a $2.3 billion write-down, is the sparkle permanently gone from the natural diamond market?