Shares of Range Resources (RRC) dropped sharply throughout the morning on Thursday and then saw further weakness on heavy volume late in the day. The stock closed just off of its intraday low at $62.01 down $4.49.
Thursday's nearly 7% drop pulled the stock below support to close at a three month low.
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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.