Schlumberger Ltd. Stock Underperforms Wednesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Schlumberger Ltd. SLB slipped 3.35% to $37.52 Wednesday, on what proved to be an all-around dismal 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. Schlumberger Ltd. closed $12.31 short of its 52-week high ($49.83), which the company achieved on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Baker Hughes Co. BKR fell 3.15% to $29.52, Halliburton Co. HAL fell 4.35% to $32.09, and NOV Inc. NOV fell 3.80% to $16.46. Trading volume (17.3 M) eclipsed its 50-day average volume of 13.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 22, 2022.
(END) Dow Jones Newswires
June 22, 2022 17:20 ET (21:20 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.