Valero Energy Corp. Stock Underperforms Wednesday When Compared To Competitors

Bank of America Corp

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Bank of America Corporation is a bank holding company (BHC) and a financial holding company. The Company's segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM segment provides client experience through a network of financial advisors focused on clients with over $250,000 in total investable assets, including solutions to meet client's needs through a set of investment management, brokerage, banking, and retirement products. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.

Valero Energy Corp. Stock Underperforms Wednesday When Compared To Competitors

5:29 pm ET November 9, 2022 (MarketWatch) Print

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

Shares of Valero Energy Corp. (VLO) slid 3.21% to $128.00 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. The stock's fall snapped a two-day winning streak. Valero Energy Corp. closed $18.81 short of its 52-week high ($146.81), which the company achieved on June 8th.

The stock underperformed when compared to some of its competitors Wednesday, as Phillips 66 (PSX) fell 0.97% to $104.09 and Marathon Petroleum Corp. (MPC) fell 2.72% to $115.86. Trading volume (4.1 M) eclipsed its 50-day average volume of 4.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.

(END) Dow Jones Newswires

November 09, 2022 17:29 ET (22:29 GMT)

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Valero Energy Corp. Stock Underperforms Wednesday When Compared To Competitors