NOV Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of NOV Inc. NOV slipped 5.22% to $15.60 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.95% to 3,795.73 and the Dow Jones Industrial Average DJIA rising 0.64% to 30,677.36. This was the stock's second consecutive day of losses. NOV Inc. closed $8.46 below its 52-week high ($24.06), which the company reached on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Schlumberger Ltd. SLB fell 6.77% to $34.98, Baker Hughes Co. BKR fell 2.91% to $28.66, and Dril-Quip Inc. DRQ fell 1.84% to $23.52. Trading volume (10.1 M) eclipsed its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 23, 2022.
(END) Dow Jones Newswires
June 23, 2022 17:10 ET (21:10 GMT)
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