DJ Schlumberger Ltd. Stock Outperforms Competitors Despite Losses On The Day
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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.
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(END) Dow Jones Newswires
April 16, 2024 16:46 ET (20:46 GMT)
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