NOV Inc. Stock Rises Monday, Outperforms Market
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Shares of NOV Inc. NOV advanced 2.83% to $16.69 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,900.11 and Dow Jones Industrial Average DJIA falling 0.20% to 31,438.26. This was the stock's second consecutive day of gains. NOV Inc. closed $7.37 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 Monday, as Schlumberger Ltd. SLB rose 2.37% to $35.89, Baker Hughes Co. BKR rose 3.41% to $29.44, and Dril-Quip Inc. DRQ rose 4.02% to $25.33. Trading volume (3.2 M) remained 708,727 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 17:11 ET (21:11 GMT)
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