Chevron – Chevron Corp. stock outperforms market despite losses on the day
Shares of Chevron Corp.
sank 0.93% to $102.35 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 2.45% to 3,829.34 and Dow Jones Industrial Average
falling 1.75% to 31,402.01. The stock’s fall snapped a four-day winning streak. Chevron Corp. closed $1.69 short of its 52-week high ($104.04), which the company reached on February 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Exxon Mobil Corp.
fell 1.66% to $55.76, Royal Dutch Shell PLC ADR Cl A
fell 0.35% to $42.23, and Total SE ADR
rose 0.31% to $47.81. Trading volume (13.2 M) eclipsed its 50-day average volume of 10.2 M.