financetom
Business
financetom
/
Business
/
Market Chatter: Century Aluminum Shares Fall After Glencore Reduces Position
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Century Aluminum Shares Fall After Glencore Reduces Position
Nov 11, 2025 11:13 AM

01:58 PM EST, 11/11/2025 (MT Newswires) -- Century Aluminum ( CENX ) shares slumped 13% in recent trading Tuesday, marking their sharpest decline in seven months, after top investor Glencore sold 9 million shares in a $276 million block trade, Bloomberg reported, citing people familiar with the matter.

The shares were sold at $30.65 each, about 5% below Monday's close, trimming Glencore's stake by 9.6%. Glencore was Century's largest shareholder, holding around 40 million shares, or roughly 43%, before the sale, Bloomberg said.

Century Aluminum ( CENX ) didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 28.10, Change: -4.22, Percent Change: -13.05

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved