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Exxon Mobil Corp. said Wednesday it will sell its refinery in Torrance, California to PBF Energy, a New Jersey-based refining company, following an explosion at the facility in February.

The company shares have dropped -24.08% from its 1 Year high price.

U.S. stocks fluctuated, as disappointing results from Exxon Mobil Corp. and Chevron Corp. offset speculation that slow wage growth will temper Federal Reserve plans for higher interest rates.

However, the stock price could fluctuate by $ 6.57 from the estimate as it is suggested by the standard deviation reading. Company shares have received an average consensus rating of Hold for the current week Exxon Mobil Corporation has dropped 7.32% during the last 3-month...