XOM Stock – Eastman Chemical Co. stock falls Thursday, underperforms market
Shares of Eastman Chemical Co.
shed 3.13% to $110.77 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.92% to 4,134.98 and Dow Jones Industrial Average
falling 0.94% to 33,815.90. Eastman Chemical Co. closed $8.24 below its 52-week high ($119.01), which the company achieved on March 11th.
The stock underperformed when compared to some of its competitors Thursday, as Exxon Mobil Corp.
fell 1.30% to $55.27, 3M Co.
rose 0.01% to $200.90, and FMC Corp.
fell 1.22% to $113.46. Trading volume (973,029) eclipsed its 50-day average volume of 881,442.