Exxon Mobil Stock Plummets 5.55% with $3.381 Billion Trading Volume Ranking 20th

Generated by AI AgentAinvest Market Brief
Thursday, Apr 10, 2025 7:40 pm ET1min read

On April 10, 2025,

Corp. (XOM) experienced a significant decline, with its stock price dropping by 5.55%. The trading volume for the day was substantial, reaching $3.381 billion, making it the 20th highest in the market for that day.

Exxon Mobil Corp. is a major player in the energy sector, involved in the exploration, development, and distribution of oil, gas, and petroleum products. The company's stock has a market capitalization of approximately $457.62 billion, with 4.33 billion shares outstanding and a public float of 4.32 billion shares. The stock's beta, a measure of its volatility relative to the market, is 0.72, indicating that it is less volatile than the overall market.

Analysts have shown interest in Exxon Mobil's stock, with

Cowen reiterating a "Buy" rating on April 1, 2024, and upgrading their rating from "Market Perform" to "Outperform" on January 23, 2024. The price target for the stock was set at $115 to $120, reflecting a positive outlook on the company's future performance.

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