Valero Energy Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Valero Energy Corp. (VLO) rallied 2.65% to $127.74 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.37% to 3,752.75 and the Dow Jones Industrial Average rising 2.47% to 31,082.56. This was the stock's fifth consecutive day of gains. Valero Energy Corp. closed $19.07 short of its 52-week high ($146.81), which the company achieved on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Phillips 66 (PSX) rose 2.76% to $100.44 and Marathon Petroleum Corp. (MPC) rose 1.87% to $111.38. Trading volume (3.4 M) remained 505,578 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2022.
(END) Dow Jones Newswires
October 21, 2022 17:29 ET (21:29 GMT)
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