Veytics Intelligence
2026-09-22 · NASDAQ

Why Scorpio Tankers Stock Dropped Today

Key Points VLCC oil tanker daily charter rates passed $1 million per day yesterday. The Baltic Dirty Tanker Index has doubled over the last three weeks. But what happens if Iran reopens the Strait? 10 stocks we like better than Scorpio Tankers › Scorpio Tankers (NYSE: STNG) stock is on a roll. Shares of the oil tanker operator, which owns 90 tankers of various shapes and sizes, gained as much as 11% in the first two weeks of September. It's giving back some of those gains today -- down 2.6% through 10 a.m. ET. But why was Scorpio up in the first place? Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005.

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