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31.39
0.57%
-0.18
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Why is Pbf Energy Inc (PBF) Stock down?
We've noticed a 7.97% decline in Pbf Energy Inc (PBF) stock during the 2024-10-29 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
04 Oct, 2023:
Shares of PBF Energy Class A (PBF) dropped by 7.52% from $113.64 to $105.28 in the trading on Wednesday October 4, 2023. The reasons why stock PBF is down today is due to ** a decline in oil prices**. On Cotober 4, oil prices experienced a substantial decrease of more than 5%, marking the most significant single-day drop since March 2020. This is likely to have weighed on PBF Energy's stock price, as the company's profits are closely linked to oil prices.
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