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Shares of APA Corp. (APA) plunged 11.43% to $32.87 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.72% to 3,693.23 and Dow Jones Industrial Average falling 1.62% to 29,590.41. This was the stock's seventh consecutive day of losses. APA Corp. closed $19.08 short of its 52-week high ($51.95), which the company achieved on June 8th.
The stock underperformed when compared to some of its competitors Friday, as Chevron Corp. (CVX) fell 6.53% to $144.77, ConocoPhillips (COP) fell 8.60% to $100.59, and EOG Resources Inc. (EOG) fell 7.80% to $109.12. Trading volume (17.1 M) eclipsed its 50-day average volume of 7.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2022.
(END) Dow Jones Newswires
September 23, 2022 16:38 ET (20:38 GMT)
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