Schlumberger Ltd. Stock Rises Tuesday, Outperforms Market
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Shares of Schlumberger Ltd. SLB advanced 5.95% to $38.82 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 2.45% to 3,764.79 and the Dow Jones Industrial Average DJIA rising 2.15% to 30,530.25. The stock's rise snapped a seven-day losing streak. Schlumberger Ltd. closed $11.01 below its 52-week high ($49.83), which the company achieved on June 8th.
The stock outperformed some of its competitors Tuesday, as Baker Hughes Co. BKR rose 1.70% to $30.48, Halliburton Co. HAL rose 5.87% to $33.55, and NOV Inc. NOV rose 3.89% to $17.11. Trading volume (18.2 M) eclipsed its 50-day average volume of 13.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 21, 2022.
(END) Dow Jones Newswires
June 21, 2022 17:20 ET (21:20 GMT)
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