Business
from24/7 Wall St.
3 days agoMagna Stock Craters 10% as Strong Q1 Fails to Lift Full-Year Outlook
Magna International's stock fell 10% despite strong Q1 earnings due to lowered full-year sales guidance.
Frank Stronach, the founder of car parts manufacturer Magna International, was charged in 2024 with 18 offences involving 13 complainants, but the case was split in two later that year.