Schlumberger Ltd. Stock Underperforms Thursday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Schlumberger Ltd. (SLB) sank 0.68% to $40.85 Thursday, on what proved to be an all-around dismal 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. Schlumberger Ltd. closed $5.42 below its 52-week high ($46.27), which the company achieved on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Baker Hughes Co. (BKR) rose 0.95% to $34.97, Halliburton Co. (HAL) rose 0.17% to $36.06, and NOV Inc. (NOV) fell 2.71% to $17.92. Trading volume (12.1 M) remained 1.8 million below its 50-day average volume of 13.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 17:20 ET (21:20 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.