Pbf Energy Inc (PBF)

Shares of PBF Energy Class A (PBF) dropped by 7.52% from $113.64 to $105.28 in the trading on Wednesday October 4, 2023. The reasons why stock PBF is down today is due to ** a decline in oil prices**. On Cotober 4, oil prices experienced a substantial decrease of more than 5%, marking the most significant single-day drop since March 2020. This is likely to have weighed on PBF Energy's stock price, as the company's profits are closely linked to oil prices.