Chevron's Trading Volume Drops to $869 Million, Ranked Second in Daily Decline

On June 5, 2025, Chevron's trading volume reached $869 million, marking a 28.02% decrease from the previous day. The company's stock price fell by 0.34%, extending its two-day losing streak with a total decline of 1.90%.

Chevron's recent workforce reduction plan has sparked discussions among investors about the future of the company's stock. The energy giant has announced significant layoffs, which has led to uncertainty among shareholders. The company is in the process of reshaping its operations, which could impact its stock performance in the coming months.

Chevron's decision to move its headquarters to Texas has also raised concerns about job security for employees based in California. The company has a history of layoffs occurring approximately every five years, which can create a stressful work environment for employees.