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Why Frontline Stock Dropped 9% Today

TheMotleyFool

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Why Frontline Stock Dropped 9% TodayPhoto, wide shot, wide-angle lens, Coal mine, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/25526de2-54da-40ae-ba56-1e25dead3e81.png

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.

Source Fool.com

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