Magna International Inc. stock falls Tuesday, underperforms market

Magna International Inc. stock falls Tuesday, underperforms market

Shares of Magna International Inc. MG, -0.64% dropped 0.64% to C$107.49 Tuesday, in what proved to be an otherwise all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.96% rising 0.96% to 21,274.81.

Magna International Inc. closed C$18.51 short of its 52-week high (C$126.00), which the company reached on June 7th. Trading volume of 1.0 M shares eclipsed its 50-day average volume of 731,420.

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