Movers roundup: Molycorp, EOG Resources

Movers roundup: Molycorp shares fall on funding woes; EOG Resources shares rise on results

RELATED QUOTES

SymbolPriceChange
EOG130.83-0.57
MCP6.730.06

Among the stock activity stories for Friday, Aug. 3, from AP Business News:

— Shares of Molycorp Inc. fell to an all-time low after the rare earth minerals mining company said it will need to secure additional financing to cover a substantial portion of capital expenditures and other cash requirements this year.

— Shares of EOG Resources Inc. jumped after the company cranked up oil production and increased second-quarter net income by 34 percent.

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