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Shares of APA Corp. (APA) slipped 3.04% to $36.67 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.83% to 3,979.87 and the Dow Jones Industrial Average rising 1.40% to 31,581.28. This was the stock's second consecutive day of losses. APA Corp. closed $15.28 below its 52-week high ($51.95), which the company reached on June 8th.
The stock underperformed when compared to some of its competitors Wednesday, as Chevron Corp. (CVX) fell 1.28% to $155.11, ConocoPhillips (COP) fell 1.72% to $106.76, and EOG Resources Inc. (EOG) fell 2.60% to $117.18. Trading volume (6.5 M) remained 1.4 million below its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 7, 2022.
(END) Dow Jones Newswires
September 07, 2022 16:38 ET (20:38 GMT)
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