Molycorp (MCP) shares plunged 19% in Friday’s session, hitting a 52-week low of $3.01, as shares were downgraded to Underweight from Neutral at JPMorgan Chase & Co.
It’s the second day of declines for Molycorp. Shares traded about 18% lower Thursday after reporting a bigger than expected loss for Q1.
Latest posts by Anne-Marie Jackson (see all)
- SF Hospital Slaps New Parents with $19K Bill for Baby Treatment - Mar 12, 2019
- Furious Trump Blasts Harley-Davidson for Moving Production Overseas - Mar 12, 2019
- Warning! MRI Machines Could Poison You - Mar 12, 2019