Published on 28 Jan 2022 on Market Watch
Marathon Oil Corp. stock underperforms Friday when compared to competitors
Shares of Marathon Oil Corp. slumped 0.05% to $19.84 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.43% to 4,431.85 and the Dow Jones Industrial Average rising 1.65% to 34,725.47. The stock's fall snapped a four-day winning streak. Marathon Oil Corp. closed $0.74 short of its 52-week high ($20.58), which the company reached on January 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Exxon Mobil Corp. rose 0.21% to $75.28, Chevron Corp. fell 3.52% to $130.61, and Royal Dutch Shell PLC ADR Cl A fell 0.14% to $51.04. Trading volume (18.5 M) eclipsed its 50-day average volume of 17.5 M.