Methanex Shares Dip With Focus Shifting to June Methanol Pricing
Methanex Corp. shares dropped on Friday as the stock closed out a weaker session to wrap up a shortened week. Investors now look to June methanol prices, which remain high, to see how that will play out when trading resumes Monday. Methanex shares slipped Friday, ending the session at $59.10, off 1.22%. The stock is down 1.7% from its May 22 close at $60.12, based on historical market data. Trading volume came in below the previous Friday’s level.