NOV Inc. Stock Rises Tuesday, Outperforms Market
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Shares of NOV Inc. (NOV) advanced 3.11% to $18.92 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.02% to 4,088.85 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. This was the stock's third consecutive day of gains. NOV Inc. closed $5.14 short of its 52-week high ($24.06), which the company reached on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Schlumberger Ltd. (SLB) rose 1.92% to $42.95, Baker Hughes Co. (BKR) rose 0.66% to $35.16, and Dril-Quip Inc. (DRQ) rose 3.47% to $30.45. Trading volume (2.8 M) remained 2.0 million below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 17:11 ET (21:11 GMT)
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