Published on 11 Oct 2021 on Market Watch
Devon Energy Corp. stock falls Monday, underperforms market
Shares of Devon Energy Corp. shed 1.03% to $39.45 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.69% to 4,361.19 and Dow Jones Industrial Average falling 0.72% to 34,496.06. Devon Energy Corp. closed $0.80 short of its 52-week high ($40.25), which the company achieved on October 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as BHP Group Ltd. ADR rose 1.42% to $55.84, ConocoPhillips fell 1.27% to $73.97, and EOG Resources Inc. fell 0.41% to $90.16. Trading volume (10.1 M) remained 1.5 million below its 50-day average volume of 11.5 M.