Published on 1 Aug 2022 on Market Watch
Devon Energy Corp. stock underperforms Monday when compared to competitors
Shares of Devon Energy Corp. slid 2.04% to $61.57 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 4,118.63 and Dow Jones Industrial Average falling 0.14% to 32,798.40. The stock's fall snapped a three-day winning streak. Devon Energy Corp. closed $17.83 below its 52-week high ($79.40), which the company reached on June 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as BHP Group Ltd. ADR fell 1.54% to $54.19, ConocoPhillips fell 2.39% to $95.10, and EOG Resources Inc. fell 3.27% to $107.58. Trading volume (16.2 M) eclipsed its 50-day average volume of 12.4 M.