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Shares of Occidental Petroleum Corp. (OXY) slid 2.01% to $63.87 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.91% to 3,900.86 and Dow Jones Industrial Average falling 2.73% to 31,392.79. This was the stock's third consecutive day of losses. Occidental Petroleum Corp. closed $10.17 short of its 52-week high ($74.04), which the company achieved on May 31st.
The stock underperformed when compared to some of its competitors Friday, as Exxon Mobil Corp. (XOM) fell 1.83% to $100.46, Chevron Corp. (CVX) fell 1.19% to $175.40, and ConocoPhillips (COP) fell 1.46% to $116.83. Trading volume (27.4 M) eclipsed its 50-day average volume of 27.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 10, 2022.
(END) Dow Jones Newswires
June 10, 2022 17:13 ET (21:13 GMT)
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