ConocoPhillips Stock Outperforms Competitors On Strong Trading Day
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Shares of ConocoPhillips (COP) rallied 3.58% to $129.98 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. The stock's rise snapped a two-day losing streak. ConocoPhillips closed $8.51 short of its 52-week high ($138.49), which the company reached on November 4th.
The stock outperformed some of its competitors Tuesday, as Exxon Mobil Corp. (XOM) rose 2.89% to $114.18 and Chevron Corp. (CVX) rose 2.57% to $185.89. Trading volume (5.6 M) remained 2.0 million below its 50-day average volume of 7.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 16:46 ET (21:46 GMT)
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