ConocoPhillips Stock Underperforms Wednesday When Compared To Competitors
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Shares of ConocoPhillips (COP) shed 2.49% to $126.74 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. ConocoPhillips closed $11.75 below its 52-week high ($138.49), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. (XOM) fell 0.50% to $113.61 and Chevron Corp. (CVX) fell 0.89% to $184.24. Trading volume (7.5 M) remained 69,033 below its 50-day average volume of 7.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 16:46 ET (21:46 GMT)
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