Understandably it is a huge drop in market cap.
However I still think all things being equal (not talking about market cap here), if the drop is due to the russia theory, I would expect the % drops to be the same.
As mentioned though, XOM and GM have way more diversification who they do business with, so if it is the Russia thing causing the drops in all 3, then I can understand the bigger % drop in NETE.
Not sue how to explain what I am thinking any better.
My own opinion is that I don;t think the issues in Russia can be related to this drop and I do think at this point we had better hope it is only Dilution doing this (because Dilution should stop eventually if everything is good at the company)