ConocoPhillips Stock Falls Tuesday, Underperforms Market
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Shares of ConocoPhillips (COP) slid 0.37% to $134.44 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. ConocoPhillips closed $4.05 below its 52-week high ($138.49), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Exxon Mobil Corp. (XOM) rose 0.32% to $114.00 and Chevron Corp. (CVX) fell 0.15% to $185.34. Trading volume (5.0 M) remained 2.5 million below its 50-day average volume of 7.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.
(END) Dow Jones Newswires
November 08, 2022 16:46 ET (21:46 GMT)
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