ConocoPhillips Stock Falls Friday, Underperforms Market
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Shares of ConocoPhillips (COP) slid 1.98% to $128.59 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. ConocoPhillips closed $9.90 short of its 52-week high ($138.49), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Friday, as Exxon Mobil Corp. (XOM) fell 0.87% to $112.08 and Chevron Corp. (CVX) fell 0.60% to $182.99. Trading volume (5.7 M) remained 1.9 million below its 50-day average volume of 7.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 16:46 ET (21:46 GMT)
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