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How Did Shell Stock React to Its Third-Quarter Earnings?

How Did Shell Stock React to Its Third-Quarter Earnings?

Royal Dutch Shell (RDS.A) announced earnings on November 1 before the market opened. Shell stock opened at $63.5 per share—a bit higher than the previous close of $63.2. Eventually, Shell stock closed at $63.2, which was ~0.1% lower than the previous day’s close. The decline could be due to Shell’s third-quarter earnings, which missed analysts’ estimate.