Rockwool Shares Plunge After Putin Seizes Its Russian Assets

Rockwool A/S fell the most in almost five months in Copenhagen after President Vladimir Putin ordered the seizure of the Danish company’s Russian assets.

The shares in the world’s largest maker of stonewool insulation fell as much as 10% on Tuesday, the biggest one-day drop since Aug. 20. The stock was down 7.9% as of 4:02 p.m. in the Danish capital.