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Shares of Occidental Petroleum Corp. (OXY) slid 3.39% to $30.76 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 fourth consecutive day of losses. Occidental Petroleum Corp. closed $4.99 below its 52-week high ($35.75), which the company achieved on October 26th.
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 ConocoPhillips (COP) fell 0.92% to $71.97. Trading volume (14.3 M) remained 2.8 million below its 50-day average volume of 17.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2021.
(END) Dow Jones Newswires
November 17, 2021 17:14 ET (22:14 GMT)
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