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Shares of NOV Inc. (NOV) dropped 0.60% to $20.00 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.63% to 4,132.15 and Dow Jones Industrial Average falling 0.67% to 32,990.12. The stock's fall snapped a six-day winning streak. NOV Inc. closed $4.06 below its 52-week high ($24.06), which the company achieved on March 8th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Schlumberger Ltd. (SLB) fell 4.32% to $45.96, Baker Hughes Co. (BKR) fell 3.23% to $35.98, and Dril-Quip Inc. (DRQ) fell 1.23% to $31.44.true Trading volume (4.5 M) eclipsed its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2022.
(END) Dow Jones Newswires
May 31, 2022 17:10 ET (21:10 GMT)
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