Exxon Gaps Down on Earnings: Further Losses Expected

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 |  About: Exxon Mobil Corporation (XOM)
by: Bespoke Investment Group

Exxon (NYSE:XOM) is trading down more than $2 in the pre-market after reporting earnings this morning. Below we highlight all times since 2001 that the stock has opened down on earnings.

On average, when the stock has opened lower, it has gone down another 1.04% from open to close. Just last quarter, the stock also gapped down more than $2, and it went down another $2 from the open to the close.

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