Shares of ConocoPhillips COP, 1.91% slipped 0.44% to $98.76 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, 0.38% falling 0.21% to 3,647.29 and Dow Jones Industrial Average DJIA, 0.42% falling 0.43% to 29,134.99. This was the stock’s ninth consecutive day of losses. ConocoPhillips closed $25.32 short of its 52-week high ($124.08), which the company reached on June 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Exxon Mobil Corp. XOM, 1.38% rose 2.10% to $85.74 and Chevron Corp. CVX, 1.33% rose 0.04% to $141.02. Trading volume (8.7 M) eclipsed its 50-day average volume of 6.9 M.