Fidelity Buys More Shares of Range Resources, Now Owns 11.35%

On November 8, 2024, FMR LLC, also known as Fidelity Investments, acquired 52,419 additional shares of Range Resources Corp. (RRC)---the very first and still one of the largest drillers in the Marcellus Shale. The acquisition increased FMR's total holdings in the company to 27,478,205 shares, reflecting a significant commitment to Range. FMR is one of the largest shareholders of Range, now owning 11.35% of all outstanding stock. Should we be nervous?

---

To view this content, log into your member account. (Not a member? Join Today!)