Valero Energy Corp. Stock Falls Tuesday, Underperforms Market

Silk Road Medical Inc

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Health Care : Health Care Equipment & Supplies | Small Cap Blend

Company profile

Silk Road Medical, Inc. is a medical device company, which is focused on reducing the risk of stroke and its devastating impact. The Company has discovered an approach for the treatment of carotid artery disease called TransCarotid Artery Revascularization (TCAR), which relies on two concepts: minimally invasive direct carotid access in the neck and high-rate blood flow reversal during the procedure to protect the brain and combines the benefits of innovative endovascular techniques with fundamental surgical principles. The Company's ENROUTE Transcarotid Neuroprotection System (NPS) and ENROUTE Transcarotid Stent System are the products for use in TCAR. Its ENROUTE Transcarotid Stent System is placed during a period of temporary high-rate blood flow reversal, which is enabled by its ENROUTE Transcarotid NPS. It markets and sells its products in the United States through a direct sales organization consisting of approximately 64 sales representatives and 62 clinical support specialists.

Valero Energy Corp. Stock Falls Tuesday, Underperforms Market

5:44 pm ET December 6, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Valero Energy Corp. (VLO) slipped 1.74% to $118.86 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.44% to 3,941.26 and Dow Jones Industrial Average falling 1.03% to 33,596.34. This was the stock's fifth consecutive day of losses. Valero Energy Corp. closed $27.95 short of its 52-week high ($146.81), which the company achieved on June 8th.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Exxon Mobil Corp. (XOM) fell 2.78% to $103.88 and Chevron Corp. (CVX) fell 2.58% to $172.01. Trading volume (4.5 M) eclipsed its 50-day average volume of 3.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2022.

(END) Dow Jones Newswires

December 06, 2022 17:44 ET (22:44 GMT)