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Shares of Schlumberger Ltd. (SLB) slipped 2.88% to $48.14 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.38% to 4,017.82 and Dow Jones Industrial Average falling 1.94% to 32,272.79. The stock's fall snapped a two-day winning streak. Schlumberger Ltd. closed $1.69 short of its 52-week high ($49.83), which the company achieved on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Baker Hughes Co. (BKR) fell 3.76% to $36.08, Halliburton Co. (HAL) fell 1.77% to $42.21, and NOV Inc. (NOV) fell 3.02% to $20.57. Trading volume (11.5 M) remained 963,000 below its 50-day average volume of 12.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 9, 2022.
(END) Dow Jones Newswires
June 09, 2022 17:21 ET (21:21 GMT)
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