NOV Inc. Stock Falls Thursday, Still Outperforms Market

IEH Corp

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Information Technology : Electronic Equipment, Instruments & Components | Small Cap Blend

Company profile

IEH Corporation (IEH) designs, develops, and manufactures HYPERBOLOID sockets and printed circuit board (PCB) connectors for the military and aerospace industries. HYPERBOLOID technology is used in avionics platforms, military and commercial aerospace equipment, engine control systems, missiles and torpedoes, vehicular electronics, satellites and rocket launchers, medical devices, industrial and environmental controls, test equipment, pin grid array (PGA) socket and rugged applications. IEH serves customers in the United States and abroad, with sales in approximately 40 countries. IEH customers include defense contractors, commercial aerospace equipment manufacturers, medical device manufacturers, oil and gas exploration firms, and commercial space launch companies.

NOV Inc. Stock Falls Thursday, Still Outperforms Market

5:10 pm ET June 30, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of NOV Inc. NOV slumped 0.82% to $16.91 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.88% to 3,785.38 and Dow Jones Industrial Average DJIA falling 0.82% to 30,775.43. This was the stock's second consecutive day of losses. NOV Inc. closed $7.15 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 1.16% to $35.76, Baker Hughes Co. BKR fell 2.56% to $28.87, and Dril-Quip Inc. DRQ rose 1.53% to $25.80. Trading volume (3.2 M) remained 719,728 below its 50-day average volume of 3.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 30, 2022.

(END) Dow Jones Newswires

June 30, 2022 17:10 ET (21:10 GMT)