Why Chevron Stock Jumped Almost 13% in October
Shares of Chevron (NYSE: CVX) leaped 12.9% in October, according to data provided by S&P Global Market Intelligence. That's a huge move for the big oil stock, adding more than $20 billion to its market cap.
Several factors fueled the oil stock's rally last month, including higher oil prices, its third-quarter results, a slew of analyst upgrades, and the unveiling of an ambitious ESG target.
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Source Fool.com
