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Magna International accelerates decline, down 6.6% in 3 days February 05, 2018 17:00 EST

Feb 05, 2018 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Magna International Inc. (TSX:MG), Canada's largest Auto company by market cap, has dropped CAD4.66 (6.6%) over the past three trading days, compared with the S&P/TSX 60 Index which fell 37.7 points (4.0%) in the three days for a relative price change of -2.6%. The fall was exacerbated by a cumulative 3-day volume of 1.5 times the average 3-day volume of 939,689 shares. The shares fell 0.9% on Thursday, 2.9% on Friday and 3% on Monday to close at CAD65.60.

THE PAST TWO YEA...