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Shares of Occidental Petroleum Corp. (OXY) shed 2.19% to $69.31 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.63% to 4,132.15 and Dow Jones Industrial Average falling 0.67% to 32,990.12. The stock's fall snapped a three-day winning streak. Occidental Petroleum Corp. closed $1.97 below its 52-week high ($71.28), which the company reached on May 27th.
The stock underperformed when compared to some of its competitors Tuesday, as Exxon Mobil Corp. (XOM) fell 1.63% to $96.00, Chevron Corp. (CVX) fell 2.03% to $174.66, and ConocoPhillips (COP) fell 1.95% to $112.36. Trading volume (41.0 M) eclipsed its 50-day average volume of 28.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2022.
(END) Dow Jones Newswires
May 31, 2022 17:13 ET (21:13 GMT)
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