NOV Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of NOV Inc. (NOV) rallied 1.65% to $19.12 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.15% to 31,928.62 and the S&P 500 Index falling 0.81% to 3,941.48. This was the stock's third consecutive day of gains. NOV Inc. closed $4.94 below its 52-week high ($24.06), which the company achieved on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Schlumberger Ltd. (SLB) rose 0.21% to $43.90, Baker Hughes Co. (BKR) rose 1.60% to $36.28, and Dril-Quip Inc. (DRQ) rose 1.84% to $31.05. Trading volume (2.5 M) remained 1.4 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2022.
(END) Dow Jones Newswires
May 24, 2022 17:10 ET (21:10 GMT)
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