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Shares of NOV Inc. (NOV) slipped 1.88% to $17.76 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.46% to 3,789.99 and the Dow Jones Industrial Average rising 1.00% to 30,668.53. This was the stock's sixth consecutive day of losses. NOV Inc. closed $6.30 short of its 52-week high ($24.06), which the company achieved on March 8th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Schlumberger Ltd. (SLB) fell 3.93% to $41.52, Baker Hughes Co. (BKR) fell 3.61% to $31.74, and Dril-Quip Inc. (DRQ) fell 1.95% to $26.18.true Trading volume (4.0 M) eclipsed its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 15, 2022.
(END) Dow Jones Newswires
June 15, 2022 17:11 ET (21:11 GMT)
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