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Friday May 14, 2021 Two-bagger Magna International (MG:CAD116.94) increases 1.4%

May 14, 2021 - News Bites Canadian Markets


Magna International Inc. (TSX:MG), Canada's largest Auto company by market cap, rose for a second day on Friday bringing its two-day rise to CAD4.68 (4.2%). Magna International's stock price has increased CAD1.65 (1.4%) from its previous trading session to close at CAD116.94. Compared with the S&P/TSX 60 Index which rose 12.8 points (1.1%) in the day, the relative price increase was 0.3%. Today the stock traded at its four-day high of CAD117.18.

The value...