ConocoPhillips Stock Falls Monday, Underperforms Market
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Shares of ConocoPhillips (COP) slipped 2.41% to $125.49 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's second consecutive day of losses. ConocoPhillips closed $13.00 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 Monday, as Exxon Mobil Corp. (XOM) fell 0.99% to $110.97 and Chevron Corp. (CVX) fell 0.96% to $181.24. Trading volume (6.6 M) remained 1.0 million below its 50-day average volume of 7.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 16:46 ET (21:46 GMT)
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