Why Petrobras (PBR) Outpaced the Stock Market Today

Petrobras (PBR) closed the most recent trading day at $12.85, moving +1.74% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.47%. Elsewhere, the Dow saw an upswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.94%. Heading into today, shares of the oil and gas company had gained 4.64% over the past month, outpacing the Oils-Energy sector's gain of 2.51% and the S&P 500's gain of 2.32%.The investment community will be closely monitoring the pe ...