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Shares of NOV Inc. NOV shed 3.80% to $16.46 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA falling 0.15% to 30,483.13. NOV Inc. closed $7.60 short of its 52-week high ($24.06), which the company achieved on March 8th.
The stock underperformed when compared to some of its competitors Wednesday, as Schlumberger Ltd. SLB fell 3.35% to $37.52, Baker Hughes Co. BKR fell 3.15% to $29.52, and Dril-Quip Inc. DRQ fell 2.76% to $23.96. Trading volume (5.1 M) eclipsed its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 22, 2022.
(END) Dow Jones Newswires
June 22, 2022 17:11 ET (21:11 GMT)
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