Valero Energy Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Valero Energy Corp. (VLO) inched 0.77% higher to $127.56 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.28% to 3,895.08 and the Dow Jones Industrial Average rising 2.13% to 33,630.61. This was the stock's second consecutive day of gains. Valero Energy Corp. closed $19.25 short of its 52-week high ($146.81), which the company reached on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Exxon Mobil Corp. (XOM) rose 1.21% to $110.53 and Chevron Corp. (CVX) rose 0.75% to $176.56. Trading volume (4.8 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2023.
(END) Dow Jones Newswires
January 06, 2023 17:32 ET (22:32 GMT)
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