Schlumberger Ltd. Stock Outperforms Market On Strong Trading Day
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Shares of Schlumberger Ltd. (SLB) rallied 1.57% to $46.68 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.75% to 4,101.23 and Dow Jones Industrial Average falling 0.54% to 32,813.23. Schlumberger Ltd. closed $2.01 short of its 52-week high ($48.69), which the company achieved on May 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Baker Hughes Co. (BKR) rose 3.97% to $37.41, Halliburton Co. (HAL) rose 2.22% to $41.40, and NOV Inc. (NOV) rose 1.40% to $20.28. Trading volume (15.2 M) eclipsed its 50-day average volume of 13.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2022.
(END) Dow Jones Newswires
June 01, 2022 17:20 ET (21:20 GMT)
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