Occidental Petroleum Corp. Stock Outperforms Competitors On Strong Trading Day

CTS Corp

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Information Technology : Electronic Equipment, Instruments & Components | Small Cap Blend

Company profile

CTS Corporation is a global manufacturer of sensors, connectivity components, and actuators. The Company designs, manufactures, and sells a line of sensors, connectivity components, and actuators primarily to original equipment manufacturers (OEMs) and supplies for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. It operates manufacturing facilities located throughout North America, Asia and Europe and serves various markets globally. The Company’s products consist principally of sensors and actuators used in passenger or commercial vehicles, connectivity components used in telecommunications infrastructure, information technology and other high-speed applications, switches, temperature sensors, and potentiometers supplied to multiple markets, and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets.

Occidental Petroleum Corp. Stock Outperforms Competitors On Strong Trading Day

5:13 pm ET July 1, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Occidental Petroleum Corp. OXY rallied 2.65% to $60.44 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.06% to 3,825.33 and the Dow Jones Industrial Average DJIA rising 1.05% to 31,097.26. The stock's rise snapped a two-day losing streak. Occidental Petroleum Corp. closed $13.60 below its 52-week high ($74.04), which the company reached on May 31st.

The stock outperformed some of its competitors Friday, as Exxon Mobil Corp. XOM rose 2.23% to $87.55, Chevron Corp. CVX rose 1.19% to $146.51, and ConocoPhillips COP rose 1.30% to $90.98. Trading volume (28.0 M) remained 1.9 million below its 50-day average volume of 29.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled July 1, 2022.

(END) Dow Jones Newswires

July 01, 2022 17:13 ET (21:13 GMT)