Valero Energy Corp. Stock Falls Wednesday, Underperforms Market
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Shares of Valero Energy Corp. (VLO) slid 0.35% to $119.62 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,852.97 and the Dow Jones Industrial Average rising 0.40% to 33,269.77. This was the stock's second consecutive day of losses. Valero Energy Corp. closed $27.19 short of its 52-week high ($146.81), which the company achieved on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Exxon Mobil Corp. (XOM) rose 0.29% to $106.82 and Chevron Corp. (CVX) fell 1.06% to $172.14. Trading volume (3.3 M) remained 646,087 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2023.
(END) Dow Jones Newswires
January 04, 2023 17:31 ET (22:31 GMT)
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