Buy/Sell/Hold, Marker’s weekly newsletter that’s 100% business intelligence and 0% investment advice. Each week, our writers Steve LeVine and Rob Walker make sense of the most important developments in business right now — and give them a Buy for clever moves or positive trends, a Sell for mistakes or missed opportunities, or a Hold if they’re noteworthy but too early to call. ��️ ExxonMobil is far from finished ��️ The Buy/Sell/Hold Analysis No matter how you spin it, ExxonMobil has been humbled: It’s accumulated $2.3 billion in losses this year, the worst performance in the company’s 150-year history. Its share price has dropped 38% in 2020, and it’s laying off about 14,000 employees. In August, Exxon — the last original member of the Dow Jones Industrial — was kicked off the index. And, for a short time, its market cap even dropped below that of Chevron, the California oil company that it has always viewed as a lesser rival.