Kosmos Energy Ltd. Stock Falls Wednesday, Underperforms Market
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Shares of Kosmos Energy Ltd. (KOS) fell 7.37% to $2.89 on Wednesday, underperforming the overall positive market, with the NASDAQ up 2.02% and the Dow Jones up 1.24%. This marks the second consecutive day of losses for the stock, which is now 12.95% below its 52-week high of $3.32 reached on May 4th. Trading volume was 21.8 million, 6.5 million below the 50-day average of 28.3 million.
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