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Shares of NOV Inc. NOV shed 4.63% to $16.47 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.22% to 3,674.84 and the Dow Jones Industrial Average DJIA falling 0.13% to 29,888.78. This was the stock's eighth consecutive day of losses. NOV Inc. closed $7.59 below its 52-week high ($24.06), which the company achieved on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Schlumberger Ltd. SLB fell 4.78% to $36.64, Baker Hughes Co. BKR rose 0.27% to $29.97, and Dril-Quip Inc. DRQ fell 4.80% to $23.99. Trading volume (8.9 M) eclipsed its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 17, 2022.
(END) Dow Jones Newswires
June 17, 2022 17:10 ET (21:10 GMT)
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