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Tronox Shares Gain 7.2% as J.P. Morgan Raises Rating to Neutral

Demand for titanium dioxide was constrained by negative paint-industry volumes in the U.S. and Europe, while Tronox shares were near all-time lows.

White pigment powder rests beside an upward-tilted ceramic panel. / TokenPost.ai
White pigment powder rests beside an upward-tilted ceramic panel. / TokenPost.ai

Shares of Tronox Holdings plc rose 7.2% Monday, Nov. 9, as J.P. Morgan raised its rating on the titanium dioxide pigment maker from Underweight to Neutral. Tronox shares were near all-time lows during the rating change.

Demand for titanium dioxide was constrained by negative paint-industry volumes in the U.S. and Europe.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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