Shares of Marathon Oil Corp. MRO slipped 2.59% to $11.66 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.21% to 4,188.13 and Dow Jones Industrial Average DJIA falling 0.24% to 34,312.46. The stock's fall snapped a two-day winning streak. Marathon Oil Corp. closed $1.63 short of its 52-week high ($13.29), which the company reached on March 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Exxon Mobil Corp. XOM fell 2.26% to $58.26, Chevron Corp. CVX fell 1.64% to $103.87, and Royal Dutch Shell PLC ADR Cl A RDS.A fell 3.30% to $38.98. Trading volume (16.3 M) remained 4.8 million below its 50-day average volume of 21.0 M.