Change in Molycorp Leadership a Positive Move, say Analysts

Reuters reported that, despite Molycorp’s stock dropping significantly on the news, the company’s recent change in leadership is being applauded by analysts.

As quoted in the market report:

He said the management change at the company was a positive, given the concerns with the senior management’s credibility, especially following the investigation by the U.S. Securities and Exchange Commission.

To view the whole Reuters report, click here.