Shares of Celanese Corp. /zigman2/quotes/205151277/composite CE -1.74% slipped 1.42% to $168.10 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.11% falling 0.97% to 4,532.76 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.13% falling 0.96% to 35,028.65. This was the stock's second consecutive day of losses. Celanese Corp. closed $8.40 short of its 52-week high ($176.50), which the company achieved on January 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM -0.74% rose 0.04% to $73.11, Eastman Chemical Co. /zigman2/quotes/200039202/composite EMN +0.07% fell 0.14% to $127.51, and Westlake Chemical Corp. /zigman2/quotes/204882520/composite WLK -0.90% fell 0.77% to $105.34. Trading volume (468,472) remained 185,908 below its 50-day average volume of 654,380.