<div id="readability-page-1">Rio Tinto (RIO) shares snapped seven straight sessions of gains, as the stock closed marginally lower at $80.8 on Wednesday. The iron ore supplier gained about 7% in the preceding seven sessions. Overall, the stock rose over 37% so far this year, compared to the 17% rise in the broader S&amp;P 500 Index. RIO is up 15% over the past one month. The stock...</div>

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<p>Rio Tinto shares ended a seven-session gain streak, closing slightly lower at $80.8. Despite this, the stock has risen over 37% this year, outperforming the S&P 500's 17% rise. Analysts are bullish, with a Hold rating from Seeking Alpha and a Buy recommendation from Wall Street. CEO Simon Trott plans cost cuts and asset sales to strengthen the company. Long-term prospects remain strong despite short-term pressures from higher capex and volatile commodity prices.</p>

Rio Tinto snaps seven straight sessions of gains