Shares of Apache Corp. APA slid 5.67% to $17.63 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.44% to 3,913.97 and Dow Jones Industrial Average DJIA falling 0.38% to 31,493.34. The stock's fall snapped a three-day winning streak. Apache Corp. closed $11.58 short of its 52-week high ($29.21), which the company achieved on February 20th.
The stock underperformed when compared to some of its competitors Thursday, as Chevron Corp. CVX fell 0.96% to $95.00, ConocoPhillips COP fell 3.38% to $47.69, and EOG Resources Inc. EOG fell 4.67% to $60.57. Trading volume (7.8 M) remained 1.3 million below its 50-day average volume of 9.0 M.