Why TotalEnergies Stock Slumped Today

Both analysts and investors were expecting better second-quarter performance from the company.The stock market wasn't particularly energetic when it came to fuel and chemicals conglomerate TotalEnergies (TTE -3.11%) on Thursday. The company's stock took a hit following its release of second-quarter earnings, and it closed the day down almost 3%. Other stocks did better, as the S&P 500 (^GSPC 0.07%) eked out a marginal gain.Oil price slumpTotalEnergies, which is headquartered in France but reports in the ene ...