Mexco Energy Corporation shares rise 3.17% after-hours as billionaire invests $2.3 billion in Banamex.

Mexco Energy Corporation rose 3.17% in after-hours trading. The increase in stock price can be attributed to the positive sentiment surrounding Mexico's economic potential, as billionaire Fernando Chico Pardo's $2.3 billion investment in Banamex signals confidence in the country's government and economic outlook. This news aligns with the bullish movement of Mexco Energy Corporation's stock.