Schlumberger Ltd. Stock Outperforms Market On Strong Trading Day
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Shares of Schlumberger Ltd. (SLB) inched 0.21% higher to $43.90 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. Schlumberger Ltd. closed $2.37 short of its 52-week high ($46.27), which the company reached on March 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Baker Hughes Co. (BKR) rose 1.60% to $36.28, Halliburton Co. (HAL) rose 0.39% to $38.48, and NOV Inc. (NOV) rose 1.65% to $19.12. Trading volume (11.2 M) remained 2.5 million below its 50-day average volume of 13.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2022.
(END) Dow Jones Newswires
May 24, 2022 17:20 ET (21:20 GMT)
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