Marathon Oil Corp. stock rises Wednesday, outperforms market


Shares of Marathon Oil Corp.
MRO,
+4.25%
advanced 1.64% to $11.80 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.88%
rising 0.22% to 4,496.19 and the Dow Jones Industrial Average
DJIA,
+0.69%
rising 0.11% to 35,405.50. This was the stock’s fourth consecutive day of gains. Marathon Oil Corp. closed $2.53 below its 52-week high ($14.33), which the company reached on July 1st.

The stock outperformed some of its competitors Wednesday, as Exxon Mobil Corp.
XOM,
+1.94%
rose 0.18% to $55.46, Chevron Corp.
CVX,
+1.46%
rose 0.68% to $98.51, and Royal Dutch Shell PLC ADR Cl A
RDS.A,
+2.23%
fell 0.08% to $39.70. Trading volume (16.5 M) eclipsed its 50-day average volume of 15.8 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


View more information: https://www.marketwatch.com/story/marathon-oil-corp-stock-rises-wednesday-outperforms-market-01629925793-6a9fb7869fc3

Articles in category: moneyist
See also  2020 is the year of the SPAC — yet traditional IPOs offer better returns, report finds

Leave a Reply

Back to top button