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Shares of Occidental Petroleum Corp. (OXY) rose 2.42% to $29.65 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.42% to 4,577.10 and the Dow Jones Industrial Average rising 1.82% to 34,639.79. The stock's rise snapped a two-day losing streak. Occidental Petroleum Corp. closed $6.10 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 Thursday, as Exxon Mobil Corp. (XOM) rose 2.49% to $61.28, Chevron Corp. (CVX) rose 2.71% to $115.14, and ConocoPhillips (COP) rose 2.98% to $71.26. Trading volume (18.6 M) eclipsed its 50-day average volume of 17.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2021.
(END) Dow Jones Newswires
December 02, 2021 17:14 ET (22:14 GMT)
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