Shares of Cabot Oil & Gas Corp.
shed 2.12% to $18.51 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.48% to 3,811.15 and Dow Jones Industrial Average
falling 1.50% to 30,932.37. This was the stock’s second consecutive day of losses. Cabot Oil & Gas Corp. closed $4.16 short of its 52-week high ($22.67), which the company achieved on June 9th.
Despite its losses, the stock outperformed some of its competitors Friday, as EOG Resources Inc.
fell 8.54% to $64.56. Trading volume (5.6 M) remained 27,405 below its 50-day average volume of 5.6 M.