Mexco Energy Corporation shares rise 1.09% intraday after Amazon and other platforms increase investment in Mexico.

Mexco Energy Corporation rose 1.09% in intraday trading. The company's stock price movement aligns with the news that Amazon, Mercado Libre, and French logistics company Geodis will invest over 21 billion pesos (approximately $1.2 billion) in the State of Mexico to expand logistics infrastructure, build new centers, and create thousands of job opportunities. This investment is expected to boost the local economy and potentially benefit companies operating in the region, including Mexco Energy Corporation.