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Shares of Schlumberger Ltd. (SLB) advanced 1.31% to $49.57 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. This was the stock's second consecutive day of gains. Schlumberger Ltd. hit a new 52-week high, surpassing its previous peak of $49.08, which the company achieved on June 7th.
The stock outperformed some of its competitors Wednesday, as Baker Hughes Co. (BKR) fell 0.45% to $37.49, Halliburton Co. (HAL) rose 1.03% to $42.97, and NOV Inc. (NOV) fell 1.67% to $21.26. Trading volume (15.1 M) eclipsed its 50-day average volume of 12.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2022.
(END) Dow Jones Newswires
June 08, 2022 17:20 ET (21:20 GMT)
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