Ultra Petroleum Corp. (UPL) gapped open lower Monday and declined for the majority of the morning. The stock settled into a range in the afternoon and closed down by $4.49 at $39.12 on the highest volume in 4 months. Ultra Petroleum Corp. has been falling for the last week and closed Monday at a 2-month low. The stock also dropped below its 200-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.