Marathon Petroleum (MPC) Plummets 19.23%... $11.5 Billion Market Cap Vanishes
By ATTN Desk · Editorial oversight: Sean Han
Marathon Petroleum (NYS: MPC) shares plunged 19.23% from the previous trading day to close at $245.06.[1] As a result, its market capitalization fell to approximately $71,542,081,220, erasing about $11,538,658,239.21 in a single day.[1]
Current trading volume stood at 1,106,642 shares, and no filings or announcements have been identified as the direct catalyst for the price plunge.[1] From an investor’s standpoint, a double-digit decline and significant market cap contraction in a major energy stock have become critical variables for short-term supply-demand dynamics and valuation.[1]
| Category | Value |
|---|---|
| Ticker | MPC |
| Exchange | NYS |
| Share Price | $245.06 |
| Change | -19.23% |
| Market Cap | $71,542,081,220 |
| Market Cap Change | -$11,538,658,239.21 |
| Volume | 1,106,642 shares |