Shares of Hess Corp. /zigman2/quotes/203832174/composite HES -4.71% shed 5.24% to $67.60 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.38% falling 1.70% to 4,357.73 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.64% falling 1.78% to 33,970.47. This was the stock's third consecutive day of losses. Hess Corp. closed $23.49 short of its 52-week high ($91.09), which the company reached on June 23rd.
The stock underperformed when compared to some of its competitors Monday, as Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM -2.33% fell 2.66% to $53.69, Chevron Corp. /zigman2/quotes/205871374/composite CVX -1.53% fell 2.05% to $94.78, and Royal Dutch Shell PLC ADR Cl A /zigman2/quotes/205095589/composite RDS.A +2.25% fell 2.16% to $39.49. Trading volume (3.2 M) eclipsed its 50-day average volume of 2.0 M.