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Magna International
(NY:
MGA
)
42.56
+1.51 (+3.68%)
Official Closing Price
Updated: 7:00 PM EDT, Aug 23, 2024
Add to My Watchlist
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Headline News about Magna International
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Ford, GM, Stellantis Cooling To Once-Hot EV Sector As Demand Wanes
August 22, 2024
Ford scraps electric SUV and reduces EV production as demand remains low. Other automakers also delay EV plans, impacting suppliers like Magna.
Via
Benzinga
Topics
Supply Chain
Exposures
Supply Chain
Meet the Newest Artificial Intelligence (AI) Stock in Nvidia's Portfolio (Hint: It's Not SoundHound AI)
August 17, 2024
The chipmaker made a big splash the last time it invested in an AI company. Is history repeating itself?
Via
The Motley Fool
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Why Serve Robotics Stock Is Skyrocketing Again Today
August 14, 2024
Serve Robotics stock is now up more than 450% over the last month.
Via
The Motley Fool
Auto Parts Manufacturer Magna Shares Slide On Q2 Earnings Miss, Outlook Cut: Details
August 02, 2024
Magna International shares fell over 6% after Q2 earnings and sales missed estimates, and the company adjusted its FY24 sales outlook downward.
Via
Benzinga
Topics
Earnings
Exposures
Financial
Wall Street Set To Tumble As Macro Concerns Return, VIX Spikes And Global Markets Sell Off: Safe-Haven Gold Rises To Record High As Traders Eye July Jobs Data
August 02, 2024
U.S. stocks were priming for more losses on Friday as traders await the key non-farm payrolls report. Tech stocks could again take the brunt of the selling amid some sector-specific concerns and the...
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Apple, Amazon, Microsoft, Meta Lead The Charge As Investors Bank On Tech Cheer For Rally's Reacceleration: Week Ahead In Earnings
July 29, 2024
The unfolding week's market trajectory depends on earnings from bellwether tech stocks and what the Fed has to say following its July meeting.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
3 Undervalued Stocks Ready for a Breakout This Summer
July 10, 2024
Undervalued breakout stocks are heating up this summer. Discover three hidden gems with strong fundamentals ready to outperform the market.
Via
InvestorPlace
Canada's Stock Market: Apathy Means Opportunity
July 08, 2024
We celebrate our neighbor to the north with a midyear check on the state of Canada's stock market.
Via
The Motley Fool
What Went Wrong at Fisker Automotive?
June 25, 2024
We also talk about what's going on with Wells Fargo and answer some retirement questions.
Via
The Motley Fool
Topics
Retirement
Exposures
Pension
Fisker Stock Alert: Fisker Files for Ch. 11 Bankruptcy
June 18, 2024
This is the second failed auto start-up for founder Henrik Fisker, a Danish car designer known for designing luxury cars.
Via
InvestorPlace
The 3 Electric Vehicle Stocks Best Positioned for Long-Term Success
June 08, 2024
Picking electric vehicle stocks upstream of manufacturers is a method to capture the entire sector's upside.
Via
InvestorPlace
Topics
Electric Vehicles
Exposures
Electric Vehicles
The Bargain Stock Blitz: 7 Companies Ready to Stun the Street
May 22, 2024
While going off-roading in the market can be treacherous, investors willing to risk it with bargain stocks could be rewarded.
Via
InvestorPlace
Fisker Stock Alert: NHTSA Opens Preliminary Probe Into Fisker Brake Issue
May 10, 2024
Fisker stock is in the red after the National Highway and Traffic Safety Administration announced its fourth Ocean investigation.
Via
InvestorPlace
3 EV Stocks to Sell on the Brink of Bankruptcy Like Fisker
May 07, 2024
Fisker is careening toward a likely bankruptcy. Here are three struggling EV stocks that could easily go the same way.
Via
InvestorPlace
Topics
Bankruptcy
Exposures
Financial
Legal
Fisker Stock Crisis Causes Analysts to Slash Price Targets on Magna International
May 06, 2024
MGA stock is currently trading near its 52-week low after Magna disclosed reduced guidance from cancelled Fisker production plans.
Via
InvestorPlace
Fisker Stock: Magna Says Production of Ocean SUVs Is ‘Idle’
May 03, 2024
Fisker producer Magna Steyr has noted that production of the Ocean SUV is still "idle" following a six week production pause.
Via
InvestorPlace
MGA Stock Earnings: Magna International Misses EPS, Beats Revenue for Q1 2024
May 03, 2024
MGA stock results show that Magna International missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.
Via
InvestorPlace
What's Going On With Magna Shares After Incurring $316M Charges Related To Fisker In Q1?
May 03, 2024
Magna International shares dip in premarket trading following Q1 results, including $316 million charges related to Fisker, despite beating revenue expectations and reporting increased adjusted EBIT.
Via
Benzinga
7 Growth Stocks to Sweep From Your Portfolio This Spring
May 03, 2024
If you’re holding a growth stock that isn’t growing as much as it should, then you’ve probably got a growth stock to sell on your hands.
Via
InvestorPlace
EV Extinction Event: 3 Electric Vehicle Stocks That Won’t Exist in 5 Years
April 26, 2024
These electric vehicle stocks are already showing signs that bankruptcy may be around the corner, consider getting them off your portfolio.
Via
InvestorPlace
Topics
Bankruptcy
Electric Vehicles
Exposures
Electric Vehicles
Financial
Legal
7 EV Stocks That Will Drain Your Portfolio’s Battery
April 25, 2024
Instead of doubling down on the faltering EV industry, you should be scouring your portfolio for EV stocks to sell.
Via
InvestorPlace
Uber-Backed Serve Robotics Expands Production Partnership With Automotive Supplier Magna
April 24, 2024
Serve Robotics announces an expanded agreement with Magna International to manufacture delivery robots. With Magna's support, Serve aims to deploy 2,000 robots on Uber Eats across various U.S. markets,...
Via
Benzinga
Topics
Supply Chain
Exposures
Supply Chain
Cheapskate Investor Alert! Magna International Stock Is Priced to Buy Now.
April 24, 2024
Magna International is unknown to many U.S. investors, but that's fine as Magna International stock can be your portfolio's secret weapon.
Via
InvestorPlace
Danger Zone: 7 EV Stocks Poised for a Painful Plunge
April 23, 2024
These fundamentally weak EV stocks to sell could realistically go bankrupt at anytime which is reason enough to avoid them.
Via
InvestorPlace
Topics
Bankruptcy
Exposures
Financial
Legal
Why Is Greenwave Technology Solutions (GWAV) Stock Down 47% Today?
April 23, 2024
Greenwave Technology Solutions stock is down on Tuesday as GWAV investors react to a registered direct offering and private placement.
Via
InvestorPlace
Trade of the Day: Buy Magna (MGA) Stock to Profit From EV Sector Fallout
April 23, 2024
With higher-complexity hybrid vehicles experiencing a sales boom, Magna’s auto parts business should flourish, bolstering MGA stock.
Via
InvestorPlace
Here's What Wall St. Experts Are Saying About These Automakers Ahead Of Earnings
April 22, 2024
GM expected to report Q1 EPS of $2.14 on revenue of $41.88B, Ford expected to report Q1 EPS 39c on revenue of $37.62B.
Via
Talk Markets
Fisker Risk Forces Wall Street to Downgrade Magna (MGA) Stock
April 16, 2024
With Fisker (FSRN) possibly heading for bankruptcy and Fisker stock trading around 6 cents, manufacturing partner Magna has been downgraded.
Via
InvestorPlace
Topics
Bankruptcy
Exposures
Financial
Legal
Henrik Fisker’s Second Company Is at Risk of Imploding
April 10, 2024
Fisker is in the midst of a do-or-die scenario following its delisting from the NYSE and the withdrawal of its 2024 guidance.
Via
InvestorPlace
The Brutal Lesson: Fisker's Failure and How Investors Can Profit
March 30, 2024
Looking for the next big thing often leads to taking the next big loss. Here are some better, safer ways to allocate capital.
Via
The Motley Fool
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