Shares of Devon Energy Corp.
advanced 8.43% to $25.61 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.95% to 3,841.94 and the Dow Jones Industrial Average
rising 1.85% to 31,496.30. This was the stock’s sixth consecutive day of gains. Devon Energy Corp. hit a new 52-week high, surpassing its previous peak of $24.14, which the company achieved on March 4th.
The stock outperformed some of its competitors Friday, as BHP Group Ltd. ADR
rose 0.49% to $76.37, ConocoPhillips
rose 4.89% to $58.34, and EOG Resources Inc.
rose 4.41% to $74.58. Trading volume (25.1 M) eclipsed its 50-day average volume of 13.4 M.
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