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Updated · MarketWatch · May 6Anglo American shares jump 7.38% and outperform market
10 articles · Updated · MarketWatch · May 6
- The stock closed at £38.28 on Wednesday, while the FTSE 100 rose 2.15% to 10,438.66 in a broadly positive UK trading session.
- Anglo American finished 1.28% below its 52-week high of £38.77, reached on 25 February.
- Trading volume was 3.2 million shares, below the stock's 50-day average of 6.2 million.
Anglo American's stock is soaring on market optimism. Is this rally sustainable or a bubble waiting to pop? Anglo American's copper mega-merger hinges on China's approval. Will this transformational deal cross the finish line?