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Shares of NOV Inc. (NOV) slipped 2.71% to $17.92 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. This was the stock's second consecutive day of losses. NOV Inc. closed $6.14 short of its 52-week high ($24.06), which the company reached on March 8th.
The stock underperformed when compared to some of its competitors Thursday, as Schlumberger Ltd. (SLB) fell 0.68% to $40.85, Baker Hughes Co. (BKR) rose 0.95% to $34.97, and Dril-Quip Inc. (DRQ) rose 0.84% to $30.18. Trading volume (3.9 M) remained 339,681 below its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 17:11 ET (21:11 GMT)
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