Magna International Inc. (MGA) gapped up Wednesday morning and has continued to rise sharply. Shares are now higher by 3.18 at $45.42.
Magna International Inc. has been gaining ground for the last week and is currently trading at an 8-month high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.