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Earlier this month, the Treasury pushed back its plan to sell down its holding in the bank by two years, to 2025, in response to the recent share price fall.
Tech Query: Adani Enterprises—how far can the stock price fall?
The price fall today moved down to a lower swing area defined by swing lows on the hourly chart from April 3, April 6, April 7 and again during yesterday's trade.
With a 12% share price fall, it means that in the space of 72 hours, tens of billions in market capitalization went down the tubes.
Source: https://demerarawaves.com/2023/05/18/opinion-exxons-stock-plunge-what-is-it-saying/