Schlumberger Ltd. Stock Outperforms Market On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Schlumberger Ltd. (SLB) advanced 2.62% to $45.05 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.95% to 3,978.73 and the Dow Jones Industrial Average rising 0.60% to 32,120.28. This was the stock's fourth consecutive day of gains. Schlumberger Ltd. closed $1.22 short of its 52-week high ($46.27), which the company reached on March 8th.
The stock outperformed some of its competitors Wednesday, as Baker Hughes Co. (BKR) fell 1.54% to $35.72, Halliburton Co. (HAL) rose 0.78% to $38.78, and NOV Inc. (NOV) rose 0.31% to $19.18. Trading volume (17.2 M) eclipsed its 50-day average volume of 13.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2022.
(END) Dow Jones Newswires
May 25, 2022 17:20 ET (21:20 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.