DJ Schlumberger Ltd. Stock Underperforms Monday When Compared To Competitors
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Shares of Schlumberger Ltd. $(SLB)$ dropped 0.68% to $49.51 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
This was the stock's second consecutive day of losses.
Schlumberger Ltd. closed $12.61 below its 52-week high ($62.12), which the company reached on September 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Baker Hughes Co. $(BKR)$ fell 0.43% to $32.46, Halliburton Co. $(HAL)$ fell 0.92% to $38.72, and NOV Inc. $(NOV)$ fell 0.85% to $18.59.
Trading volume (10.8 M) eclipsed its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
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(END) Dow Jones Newswires
April 22, 2024 16:46 ET (20:46 GMT)
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