The surges 111.45 percent to $363 million in trading volume ranking 354th while Estee Lauder climbs 7.17 percent as Chevron refinery restart looms

On May 12, 2025, The recorded a trading volume of $363 million, marking an 111.45% increase from the previous day. This surge placed The at the 354th position in the day's trading volume rankings. Meanwhile, Estee Lauder (EL) saw a 7.17% increase.

Chevron is making efforts to restart its refinery in El Segundo, California, following the shutdown of several units last week. This development is significant as it could impact the supply and pricing dynamics of the energy sector, potentially influencing The's stock performance.

The restart of the refinery is part of Chevron's broader strategy to ensure operational continuity and meet market demands. The successful resumption of operations could alleviate concerns over supply disruptions, which have been a key factor in recent market volatility.