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Shares of Marathon Oil Corp. (MRO) slid 2.54% to $16.49 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.65% to 4,660.57 and the Dow Jones Industrial Average rising 0.29% to 36,157.58. This was the stock's second consecutive day of losses. Marathon Oil Corp. closed $0.84 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 1.37% to $63.93, Chevron Corp. (CVX) fell 0.72% to $113.01, and Royal Dutch Shell PLC ADR Cl A (RDSA.LN) fell 1.34% to $44.79. Trading volume (22.3 M) eclipsed its 50-day average volume of 18.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 3, 2021.
(END) Dow Jones Newswires
November 03, 2021 17:10 ET (21:10 GMT)
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