Fortescue Shares Retain 30% in February

Fortescue Shares Retain 30% in February

Caixin Global

Iron ore behemoth Fortescue Ltd.’s months-long stock rally suffered a big pullback in February as investors turned sour on the company’s earnings growth and high exposure to slumping metal prices. The world’s fourth-largest iron ore miner is tipped for the greatest earnings slowdown over the next year compared with peers BHP Group Ltd., Rio Tinto Group and Vale SA.

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