Magna International Rallies On Earnings News

Magna International, Inc. (MGA) gapped open higher on Friday and began a steady advance in the mid-morning that has continued into the early afternoon. The stock is trading at $50.77, up $6.57 on the day.

With the advance, the stock has added to recent gains and is at its highest level since early August. The company reported earnings after the close on Thursday.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com