Glencore Slides as Recovery Fades After Three-Day Roller Coaster
- Stock gives up daily gains that had wiped out Monday's crash
- Company leaves `no stone unturned' to try to pay down debt
Glencore Wipes Out Monday’s Record Loss
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Glencore Plc’s rebound ran out of steam after an ascent that briefly recouped the $6 billion in market value it lost Monday.
The shares lost 0.6 percent to close at 91.02 pence in London after earlier gaining as much as 8.2 percent. Trading was halted for five minutes because of increased volatility.