NOV Inc. Stock Underperforms Wednesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of NOV Inc. (NOV) shed 1.67% to $21.26 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.08% to 4,115.77 and Dow Jones Industrial Average falling 0.81% to 32,910.90. The stock's fall snapped a three-day winning streak. NOV Inc. closed $2.80 short of its 52-week high ($24.06), which the company reached on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Schlumberger Ltd. (SLB) rose 1.31% to $49.57, Baker Hughes Co. (BKR) fell 0.45% to $37.49, and Dril-Quip Inc. (DRQ) fell 3.05% to $31.12. Trading volume (3.3 M) remained 228,410 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2022.
(END) Dow Jones Newswires
June 08, 2022 17:10 ET (21:10 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.