Shares of Belgian tanker giant Euronav have plunged about 10% in US trading since a TradeWinds report flagged up an expected split of the fleet with John Fredriksen’s Frontline on 28 September.
Euronav stock dropped about 6% on the New York Stock Exchange on Friday and continued the losses in early trading on Monday, shedding more than 4%. It closed at $15.64,
