Schlumberger Ltd. Stock Falls Wednesday, Underperforms Market
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Shares of Schlumberger Ltd. SLB slid 2.14% to $36.18 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.27% to 31,029.31 and the S&P 500 Index SPX falling 0.07% to 3,818.83. The stock's fall snapped a three-day winning streak. Schlumberger Ltd. closed $13.65 below 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 1.46% to $29.63, Halliburton Co. HAL fell 3.04% to $32.18, and NOV Inc. NOV fell 1.56% to $17.05. Trading volume (12.4 M) remained 2.4 million below its 50-day average volume of 14.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 29, 2022.
(END) Dow Jones Newswires
June 29, 2022 17:21 ET (21:21 GMT)
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