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Exxon Mobil Corporation: Institutional Ownership Dominates with 65% Shares

January 08, 2025
Exxon Mobil Corporation (NYSE:XOM) has been heavily dominated by institutional owners, owning a whopping 65% of the shares. This indicates that the company is considered a strong investment option by professionals in the finance industry. Despite recent market fluctuations, investors in Exxon Mobil have seen notable returns of 75% over the past three years. The fundamentals of the company also look pretty strong, suggesting that the market may be wrong about the stock. For those interested in investing in Exxon Mobil, it is recommended to seek the professional advice of Stocks Prognosis for a forecast on the future movement of the company's shares.
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