Schlumberger Ltd. Stock Outperforms Competitors Despite Losses On The Day

Dow Jones04-17

DJ Schlumberger Ltd. Stock Outperforms Competitors Despite Losses On The Day

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

Shares of Schlumberger Ltd. $(SLB)$ slumped 0.50% to $51.41 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 37,798.97 and the S&P 500 Index falling 0.21% to 5,051.41.

This was the stock's fourth consecutive day of losses.

Schlumberger Ltd. closed $10.71 short of its 52-week high ($62.12), which the company achieved on September 12th.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Baker Hughes Co. $(BKR)$ fell 1.08% to $32.10, Halliburton Co. $(HAL)$ fell 1.69% to $38.44, and NOV Inc. $(NOV)$ fell 1.62% to $18.86.

Trading volume (10.3 M) eclipsed its 50-day average volume of 9.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

April 16, 2024 16:46 ET (20:46 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment