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Shares of Baker Hughes Co. (BKR) rose 2.01% to $24.42 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.17% to 4,591.67 and the Dow Jones Industrial Average rising 1.87% to 35,227.03. Baker Hughes Co. closed $3.24 below its 52-week high ($27.66), which the company achieved on October 15th.
The stock underperformed when compared to some of its competitors Monday, as Schlumberger Ltd. (SLB) rose 2.63% to $30.01, Halliburton Co. (HAL) rose 2.64% to $22.58, and NOV Inc. (NOV) rose 4.55% to $12.40. Trading volume (6.9 M) remained 3.0 million below its 50-day average volume of 9.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2021.
(END) Dow Jones Newswires
December 06, 2021 16:40 ET (21:40 GMT)
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