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Shares of Occidental Petroleum Corp. (OXY) shed 1.60% to $33.74 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.35% to 4,685.25 and Dow Jones Industrial Average falling 0.31% to 36,319.98. Occidental Petroleum Corp. closed $2.01 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 Tuesday, as Exxon Mobil Corp. (XOM) rose 0.97% to $66.36, Chevron Corp. (CVX) rose 0.74% to $116.00, and ConocoPhillips (COP) fell 0.24% to $75.75. Trading volume (13.1 M) remained 4.4 million below its 50-day average volume of 17.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2021.
(END) Dow Jones Newswires
November 09, 2021 17:14 ET (22:14 GMT)
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