NOV Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of NOV Inc. (NOV) slumped 0.49% to $20.18 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.84% to 4,176.82 and the Dow Jones Industrial Average rising 1.33% to 33,248.28. NOV Inc. closed $3.88 short of its 52-week high ($24.06), which the company achieved on March 8th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Schlumberger Ltd. (SLB) fell 0.81% to $46.30, Baker Hughes Co. (BKR) fell 1.34% to $36.91, and Dril-Quip Inc. (DRQ) fell 2.98% to $30.90.true Trading volume (2.7 M) remained 868,389 below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2022.
(END) Dow Jones Newswires
June 02, 2022 17:10 ET (21:10 GMT)
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