Why did VALE stock drop? — 2026-10-20

Research session: 2026-10-20. Published: 2026-10-20T20:26:57.758080+00:00.

Final report

VALE — VALE S.A. American Depositary Shares Each Representing one common share

Session close: $13.02. Regular-session share volume: 25,725,321. Change from previous close: -0.69%.

Key developments

Jim Cramer endorsed Vale on CNBC, describing it as a potential inflation hedge. The report also highlighted Scotiabank analyst Alfonso Salazar’s upgrade from Sector Perform to Sector Outperform on the prior day, with the price target unchanged. These favorable opinions were reported before the target session opened; the article offered no new company operating developments or evidence of the session’s trading response.

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Full report for 2026-10-20