Why Petrobras (PBR) Dipped More Than Broader Market Today
PBRPetrobras(PBR) ZACKS·2024-07-31 06:51

In the latest trading session, Petrobras (PBR) closed at $14.06, marking a -0.85% move from the previous day. This move lagged the S&P 500's daily loss of 0.5%. Meanwhile, the Dow experienced a rise of 0.5%, and the technology-dominated Nasdaq saw a decrease of 1.28%.Heading into today, shares of the oil and gas company had lost 2.21% over the past month, outpacing the Oils-Energy sector's loss of 10.92% and lagging the S&P 500's gain of 0.1% in that time.The investment community will be closely monitoring ...