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Shares of Baker Hughes Co. (BKR) rose 2.48% to $24.00 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.42% to 4,577.10 and the Dow Jones Industrial Average rising 1.82% to 34,639.79. This was the stock's second consecutive day of gains. Baker Hughes Co. closed $3.66 below its 52-week high ($27.66), which the company achieved on October 15th.
The stock underperformed when compared to some of its competitors Thursday, as Schlumberger Ltd. (SLB) rose 3.31% to $29.32, Halliburton Co. (HAL) rose 4.11% to $22.02, and NOV Inc. (NOV) rose 4.37% to $12.19. Trading volume (9.4 M) remained 450,870 below its 50-day average volume of 9.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2021.
(END) Dow Jones Newswires
December 02, 2021 16:40 ET (21:40 GMT)
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