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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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