Vale S.A. (VALE) Stock Slides Nearly 1.9% in Tuesday Morning Trading

Shares of global mining company Vale S.A. (VALE) experienced a notable decline during Tuesday morning’s trading session on the NYSE.

As of 11:03:04 AM EDT, with the market open, VALE stock was trading at 

$8.11\ast \ast .Thispricereflectedadecreaseof\ast \ast$

0.15 per share, translating to a significant drop of -1.87% for the day so far.

The stock opened the session at 

$8.15,alreadybelowitspreviousclosingpriceof\ast \ast$

8.26**. Throughout the morning, Vale shares traded within a tight range of $8.06 to $8.19, indicating the stock was hovering near its session lows at the time of the update.

Trading volume was substantial, with over 24.5 million shares having changed hands by late morning, as investors reacted to market conditions affecting the materials sector.