Mining giant Glencore’s stocks are being dumped heavily again on Monday, falling by 10.5% as of 9:47 a.m. UK time (4:47 a.m. ET).
Goldman Sachs speculated last week that the company would not be able to hold onto its BBB investment-grade credit rating, and risked being downgraded to junk.
Here’s how it looks — the share price dipped below £0.90 for the first time ever, after dipping below £1.00 for the first time ever on Friday.
