ExxonMobil stock saw a more than 2% boost in share prices on early Wednesday trading, marking a significant comeback for an oil giant that has recently fallen out of favor with Wall Street. Trading at $105.47, up 2.04%, by 11:46 am EST Wednesday, Exxon shares are now above the $100 mark for the first time since 2014. Exxon now appears to be experiencing a reversal of fortunes after years of dealing with the fallout from its handling of climate issues and investors fears of what an energy transition will mean for the supermajor. …
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