NOV Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of NOV Inc. NOV advanced 4.04% to $16.23 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 3.06% to 3,911.74 and the Dow Jones Industrial Average DJIA rising 2.68% to 31,500.68. The stock's rise snapped a two-day losing streak. NOV Inc. closed $7.83 below its 52-week high ($24.06), which the company reached on March 8th.
The stock outperformed some of its competitors Friday, as Schlumberger Ltd. SLB rose 0.23% to $35.06, Baker Hughes Co. BKR fell 0.66% to $28.47, and Dril-Quip Inc. DRQ rose 3.53% to $24.35. Trading volume (6.4 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 24, 2022.
(END) Dow Jones Newswires
June 24, 2022 17:10 ET (21:10 GMT)
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