Magna International Inc. stock rises Monday, outperforms market

Magna International Inc. stock rises Monday, outperforms market

Shares of Magna International Inc. MG, +3.23% advanced 3.23% to C$71.19 Monday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.39% rising 0.39% to 20,275.82.

Magna International Inc. closed C$20.55 below its 52-week high (C$91.74), which the company reached on February 2nd. Trading volume of 1.3 M shares eclipsed its 50-day average volume of 914,488.

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