NOV Inc. Stock Outperforms Market On Strong Trading Day
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Shares of NOV Inc. NOV advanced 3.77% to $17.32 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 2.01% to 3,821.55 and Dow Jones Industrial Average DJIA falling 1.56% to 30,946.99. This was the stock's third consecutive day of gains. NOV Inc. closed $6.74 below its 52-week high ($24.06), which the company achieved on March 8th.
The stock outperformed some of its competitors Tuesday, as Schlumberger Ltd. SLB rose 3.01% to $36.97, Baker Hughes Co. BKR rose 2.14% to $30.07, and Dril-Quip Inc. DRQ rose 2.13% to $25.87. Trading volume (6.7 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 28, 2022.
(END) Dow Jones Newswires
June 28, 2022 17:10 ET (21:10 GMT)
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