Schlumberger Ltd. Stock Underperforms Friday When Compared To Competitors

Skyworks Solutions Inc

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Information Technology : Semiconductors & Semiconductor Equipment | Mid Cap Value

Company profile

Skyworks Solutions, Inc. is engaged in designing, manufacturing, and marketing, semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, across new applications within the aerospace, automotive, broadband, cellular infrastructure, connected home, entertainment, and gaming, industrial, medical, military, smartphone, tablet, and wearable markets. It operates engineering, manufacturing, sales, and service facilities throughout Asia, Europe, and North America. Its system solutions include Sky5, diversity receive (DRx) and multi-input multi-output (MIMO), SkyOne, antenna management, and integrated infrastructure. It offers a range of products, such as Amplifiers, Antenna Tuners, Attenuators, Automotive Tuners and Digital Radios, Circulators/Isolators, Demodulators, Detectors, Digital Power Isolators, Diodes, Directional Couplers, Diversity Receive Modules, Filters, Mixers, Modulators, Receivers, and Switches.

Schlumberger Ltd. Stock Underperforms Friday When Compared To Competitors

5:20 pm ET June 17, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Schlumberger Ltd. SLB slid 4.78% to $36.64 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 seventh consecutive day of losses. Schlumberger Ltd. closed $13.19 below its 52-week high ($49.83), which the company reached on June 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Baker Hughes Co. BKR rose 0.27% to $29.97, Halliburton Co. HAL fell 5.32% to $31.69, and NOV Inc. NOV fell 4.63% to $16.47. Trading volume (32.3 M) eclipsed its 50-day average volume of 12.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 17, 2022.

(END) Dow Jones Newswires

June 17, 2022 17:20 ET (21:20 GMT)