Range Resources Corp. (RRC) reported second quarter non-GAAP net income of $0.09 per share after the close Monday, down from $0.21 per share last year. The consensus estimate was for EPS of $0.11.
Range Resources gapped down Tuesday and declined steadily in the first 45 minutes of trade. Shares finished lower by 2.80 at $37.24 on the highest volume of the year. The stock dropped below a one-month range and set a new low for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.