NOV Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of NOV Inc. (NOV) shed 1.20% to $18.10 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.38% to 3,735.48 and Dow Jones Industrial Average falling 0.50% to 30,364.83. This was the stock's fifth consecutive day of losses. NOV Inc. closed $5.96 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 Tuesday, as Schlumberger Ltd. (SLB) fell 2.48% to $43.22, Baker Hughes Co. (BKR) fell 1.11% to $32.93, and Dril-Quip Inc. (DRQ) fell 5.32% to $26.70. Trading volume (4.2 M) eclipsed its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 14, 2022.
(END) Dow Jones Newswires
June 14, 2022 17:10 ET (21:10 GMT)
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