DJ Baker Hughes Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of Baker Hughes Co. $(BKR)$ inched 0.56% higher to $32.20 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.06% to 37,775.38 and the S&P 500 Index falling 0.22% to 5,011.12.
The stock's rise snapped an eight-day losing streak.
Baker Hughes Co. closed $5.38 short of its 52-week high ($37.58), which the company reached on September 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Caterpillar Inc. $(CAT)$ fell 0.11% to $357.93, Schlumberger Ltd. $(SLB)$ rose 0.26% to $50.94, and Halliburton Co. $(HAL)$ rose 1.60% to $38.65.
Trading volume (5.7 M) remained 2.3 million below its 50-day average volume of 8.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 18, 2024.
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(END) Dow Jones Newswires
April 18, 2024 17:01 ET (21:01 GMT)
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