Valero Energy Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Valero Energy Corp. (VLO) inched 0.66% higher to $122.68 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.49% to 3,878.44 and the Dow Jones Industrial Average rising 1.60% to 33,376.48. This was the stock's third consecutive day of gains. Valero Energy Corp. closed $24.13 below its 52-week high ($146.81), which the company reached on June 8th.
The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. (XOM) rose 1.28% to $108.06 and Chevron Corp. (CVX) rose 1.18% to $174.70. Trading volume (3.0 M) remained 1.1 million below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 21, 2022.
(END) Dow Jones Newswires
December 21, 2022 17:31 ET (22:31 GMT)
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