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Shares of Occidental Petroleum Corp. (OXY) slipped 1.48% to $33.85 Wednesday, on what proved to be an all-around positive 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. Occidental Petroleum Corp. closed $1.90 short of its 52-week high ($35.75), which the company reached on October 26th.
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 ConocoPhillips (COP) fell 0.40% to $72.74. Trading volume (13.7 M) remained 3.4 million below its 50-day average volume of 17.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 3, 2021.
(END) Dow Jones Newswires
November 03, 2021 17:14 ET (21:14 GMT)
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