ExxonMobil Slumps to 45th in Market Rankings as Trading Volume Drops 43.42 Percent
On June 30, 2025, ExxonMobil (XOM) experienced a significant decline, with its trading volume dropping by 43.42% to $1.36 billion, placing it 45th in the day's market rankings. The stock price fell by 1.46%, marking the second consecutive day of decline, with a total decrease of 2.01% over the past two days.
ExxonMobil is set to pay a $14.25 million penalty following the Supreme Court's decision to deny their appeal. This penalty is the largest citizen-initiated fine under the Clean Air Act, stemming from air pollution issues at the company's Baytown refinery complex. The court's rejection of ExxonMobil's appeal marks the end of a 15-year legal battle with the Texas town, highlighting the company's ongoing environmental challenges.
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