Marathon Petroleum Corp. stock rises Friday, outperforms market

Published: Jan. 12, 2024 at 4:49 p.m. ET

Shares of Marathon Petroleum Corp. MPC rallied 1.33% to $157.46 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.08% to 4,783.83 and the Dow Jones Industrial Average DJIA falling 0.31% to 37,592.98.

This was the stock’s second consecutive day of gains.

Marathon Petroleum…

Shares of Marathon Petroleum Corp.

MPC

rallied 1.33% to $157.46 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index

SPX

rising 0.08% to 4,783.83 and the Dow Jones Industrial Average

DJIA

falling 0.31% to 37,592.98.

This was the stock’s second consecutive day of gains.

Marathon Petroleum Corp. closed $4.85 short of its 52-week high ($162.31), which the company reached on January 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Exxon Mobil Corp.

XOM

rose 1.30% to $99.95 and Chevron Corp.

CVX

rose 1.37% to $147.27.

Trading volume (2.3 M) remained 816,060 below its 50-day average volume of 3.2 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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