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Pioneer, Exxon Shares Fall After News of Federal Investigation Into Deal - The Wall Street Journal

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Pioneer, Exxon Shares Fall After News of Federal Investigation Into Deal

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Updated 2 hours ago

Shares of Pioneer Natural Resources and Exxon Mobil retreated Tuesday after the news that U.S. antitrust enforcers are investigating the companies' planned deal.

Pioneer and Exxon were recently off more than 1%. Both fell more than the S&P 500's energy sector in morning action. Read more about this story here.