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Shares of Marathon Oil Corp. (MRO) shed 3.86% to $16.20 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.51% to 4,551.68 and Dow Jones Industrial Average falling 0.74% to 35,490.69. The stock's fall snapped a three-day winning streak. Marathon Oil Corp. closed $1.13 short of its 52-week high ($17.33), which the company achieved on October 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. (XOM) fell 2.60% to $64.13, Chevron Corp. (CVX) fell 1.78% to $112.07, and Royal Dutch Shell PLC ADR Cl A (RDSA.LN) rose 2.27% to $49.97. Trading volume (16.6 M) remained 1.2 million below its 50-day average volume of 17.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2021.
(END) Dow Jones Newswires
October 27, 2021 17:10 ET (21:10 GMT)
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