Shares of Apache Corp. APA slid 1.06% to $19.52 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 2.38% to 3,901.82 and the Dow Jones Industrial Average DJIA rising 1.95% to 31,535.51. This was the stock's third consecutive day of losses. Apache Corp. closed $7.05 below its 52-week high ($26.57), which the company reached on March 3rd.
The stock underperformed when compared to some of its competitors Monday, as Chevron Corp. CVX rose 2.05% to $102.05, ConocoPhillips COP rose 1.15% to $52.61, and EOG Resources Inc. EOG rose 0.65% to $64.98. Trading volume (10.3 M) eclipsed its 50-day average volume of 8.8 M.