Shares of Marathon Oil Corp. (MRO) experienced a decline of 0.56% on Tuesday, closing at $26.75. This drop occurred during a challenging trading session for the overall stock market, as the S&P 500 Index (SPX) fell by 0.22% to 4,443.95 and the Dow Jones Industrial Average (DJIA) dropped by 0.31% to 34,517.73.
Marathon Oil Corp. closed $6.67 below its 52-week high of $33.42, which it achieved on November 7th, indicating a downward trend. During the day’s trading, the stock underperformed when compared to some of its competitors. Exxon Mobil Corp. (XOM) saw a 0.26% decline, closing at $117.33, while Chevron Corp. (CVX) experienced a marginal decrease of 0.01% to $167.20.
The trading volume for Marathon Oil Corp. on Tuesday stood at 10.3 million shares, which was 643,864 shares lower than its 50-day average volume of 11.0 million shares.
It’s important to note that this article was generated automatically by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet.
Sources: Dow Jones, FactSet
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Marathon Oil Corp. witnessed a slight dip in its stock value amidst a challenging trading session on Tuesday. The overall performance of the stock market also experienced a decline, with the S&P 500 Index and Dow Jones Industrial Average both falling. Marathon Oil Corp. closed below its 52-week high, indicating prevailing downward momentum.
In comparison to its competitors, Exxon Mobil Corp. and Chevron Corp., Marathon Oil Corp. underperformed. Trading volume for the stock was also slightly lower than the 50-day average. These market movements highlight the various factors influencing the energy sector and the broader stock market.
This article was automatically generated by Automated Insights, which utilizes data from Dow Jones and FactSet to provide the latest market insights.
Sources: Dow Jones, FactSet