Shares of Marathon Petroleum Corp. (MPC) declined by 2.68% to $152.15 during Tuesday’s stock market trading session. The overall market performance was gloomy, with the S&P 500 Index (SPX) dropping 0.22% to 4,443.95 and the Dow Jones Industrial Average (DJIA) falling 0.31% to 34,517.73.
Marathon Petroleum Corp. closed $5.84 below its 52-week high of $157.99, which the company achieved on September 11th. In comparison to its competitors, Marathon Petroleum underperformed on Tuesday. Exxon Mobil Corp. (XOM) saw a 0.26% decline to $117.33, while Chevron Corp. (CVX) experienced a 0.01% decrease to $167.20.
The trading volume for Marathon Petroleum Corp. reached 4.5 million shares, surpassing its 50-day average volume of 3.5 million shares. This increased trading activity suggests a heightened interest or activity in the stock.
In summary, Marathon Petroleum Corp. faced a decline in its stock price during a lackluster trading session. The overall market sentiment was negative, with both the S&P 500 Index and Dow Jones Industrial Average experiencing losses. Marathon Petroleum’s stock performance was weaker compared to its competitors Exxon Mobil Corp. and Chevron Corp. However, it did attract increased trading volume, indicating potential market interest in the company’s stock.
– Dow Jones