This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Schlumberger Ltd. SLB slipped 7.32% to $38.48 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 3.25% to 3,666.77 and Dow Jones Industrial Average DJIA falling 2.42% to 29,927.07. This was the stock's sixth consecutive day of losses. Schlumberger Ltd. closed $11.35 below its 52-week high ($49.83), which the company reached on June 8th.
The stock underperformed when compared to some of its competitors Thursday, as Baker Hughes Co. BKR fell 5.83% to $29.89, Halliburton Co. HAL fell 6.01% to $33.47, and NOV Inc. NOV fell 2.76% to $17.27. Trading volume (21.6 M) eclipsed its 50-day average volume of 12.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 16, 2022.
(END) Dow Jones Newswires
June 16, 2022 17:20 ET (21:20 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.