Shares of Marathon Oil Corp. MRO,
slipped 3.27% to $23.99 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX,
falling 0.28% to 4,118.63 and Dow Jones Industrial Average DJIA,
falling 0.14% to 32,798.40. The stock’s fall snapped a three-day winning streak. Marathon Oil Corp. closed $9.25 below its 52-week high ($33.24), which the company achieved on May 31st.
The stock underperformed when compared to some of its competitors Monday, as Exxon Mobil Corp. XOM,
fell 2.53% to $94.48 and Chevron Corp. CVX,
fell 2.00% to $160.51. Trading volume (16.5 M) remained 3.5 million below its 50-day average volume of 20.0 M.