Schlumberger Ltd. Stock Outperforms Competitors Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Schlumberger Ltd. (SLB) slid 1.93% to $47.21 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.91% to 3,900.86 and Dow Jones Industrial Average falling 2.73% to 31,392.79. This was the stock's second consecutive day of losses. Schlumberger Ltd. closed $2.62 below its 52-week high ($49.83), which the company achieved on June 8th.
Despite its losses, the stock outperformed some of its competitors Friday, as Baker Hughes Co. (BKR) fell 2.36% to $35.23, Halliburton Co. (HAL) fell 4.07% to $40.49, and NOV Inc. (NOV) fell 2.77% to $20.00.true Trading volume (11.3 M) remained 1.1 million below its 50-day average volume of 12.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 10, 2022.
(END) Dow Jones Newswires
June 10, 2022 17:20 ET (21:20 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.