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Shares of Marathon Oil Corp. (MRO) shed 3.77% to $16.09 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.26% to 4,688.67 and Dow Jones Industrial Average falling 0.58% to 35,931.05. This was the stock's second consecutive day of losses. Marathon Oil Corp. closed $1.50 short of its 52-week high ($17.59), which the company reached on November 8th.
The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. (XOM) fell 1.09% to $64.31, Chevron Corp. (CVX) fell 0.45% to $115.42, and Royal Dutch Shell PLC ADR Cl A (RDSA.LN) fell 0.55% to $45.34. Trading volume (16.9 M) remained 1.1 million below its 50-day average volume of 18.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2021.
(END) Dow Jones Newswires
November 17, 2021 17:09 ET (22:09 GMT)
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