Chevron (CVX) Shares Fall as Another 'Worse-Than-Expected' Leak Rumor Heard

November 18, 2011 3:26 PM EST
Chevron (NYSE: CVX) shares are dipping into the close following a Business Insider headline which cites a Brazilian official as saying the leak off the coast of Brazil may be much larger than expected. The stock is now down 2 percent to around $98.

The "much-bigger-than-expected" rumor was heard earlier this week, however, with the the uncertainty related to these events, traders are selling first and asking questions later.


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