Baker Hughes Co. Stock Outperforms Market On Strong Trading Day

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

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Eaton Vance Tax-Managed Buy-Write Opportunities Fund (the Fund) is a diversified closed-end management investment company. The Fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund invests at least 80% of its total assets in a diversified portfolio of common stocks. The Fund invests primarily in common stocks of United States issuers. The Fund may invest approximately 10% of its total assets in securities of foreign issuers, including American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and European Depositary Receipts (EDRs). It invests in sectors, such as information technology, consumer discretionary, communication services, healthcare, financial services, industrials, consumer staples, utilities, energy, materials and real estate. Fund’s investment advisor is Eaton Vance Management (EVM). State Street Bank and Trust Company (SSBT) serves as a custodian of the Fund.

Baker Hughes Co. Stock Outperforms Market On Strong Trading Day

4:40 pm ET December 6, 2021 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

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.

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(END) Dow Jones Newswires

December 06, 2021 16:40 ET (21:40 GMT)