Sign in
Download Opera News App

Stock-investment

ExxonMobil And Wells Fargo Lost $220 Billion In Market Value This Year–The U.S. Stock Market's Biggest 2020 Losers

ExxonMobil And Wells Fargo Lost $220 Billion In Market Value This Year–The U.S. Stock Market's Biggest 2020 Losers

Topline Despite the stock market reaching new highs this year, ExxonMobil and Wells Fargo–the nation's largest energy firm and third-biggest bank, respectively–have posted massive stock losses, yielding the two biggest market value plunges of 2020 as their sectors struggle to recover from a breakneck fall spurred by the coronavirus pandemic. The Esso Fawley Oil Refinery, operated by Exxon Mobil Corp., stands in Fawley,...

Read Full Story
Bloomberg Exxon Mobil Corp ExxonMobil Fawley U.S. Wells Fargo