The Artic Effect of Earnings Announcements in FTSE 250 Companies

Discussion Rio Tinto (Metals and Mining Industry) Good Announcements “Rio Tinto share price: iron ore shipments hit 86.1mt in Q3” The production and shipment activities of the company reflects positive outcomes in the third quarter by rising to some 0.45% as the operational issues and weather condition improved to some extent (IG, 2020). Bad Announcements “Rio Tinto shares fall 6% as iron ore outlook grows gloomy” Iron ore is an important element of steelmaking, reflects price rise to $120 from