Frontline stock falls 5.7% as tanker rates sink — what investors watch next
NEW YORK, Jan 3, 2026, 21:22 ET — Market closed Frontline plc shares ended Friday down 5.7% at $20.58, a steeper drop than several U.S.-listed tanker peers in the first trading session of 2026. The slide matters because tanker owners’ earnings can swing with spot freight — the day-rate paid to hire a ship in the open market. When spot rates move sharply, the impact can show up quickly in quarterly cash flow and capital returns. That sensitivity is in focus at the start of the year as traders reassess freight pricing after the holiday break. A weak read on