DJ ConocoPhillips Stock Underperforms Wednesday When Compared To Competitors
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Shares of ConocoPhillips $(COP)$ slipped 3.25% to $98.40 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.
The stock's fall snapped a two-day winning streak.
ConocoPhillips closed 27.21% below its 52-week high of $135.18, which the company reached on April 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. $(XOM)$ fell 3.01% to $107.35 and Chevron Corp. $(CVX)$ fell 1.61% to $154.90.
Trading volume (7.1 M) eclipsed its 50-day average volume of 6.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.
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(END) Dow Jones Newswires
February 12, 2025 16:37 ET (21:37 GMT)
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