DJ Schlumberger Ltd. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Schlumberger Ltd. $(SLB)$ inched 0.67% higher to $49.44 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.46% to 5,048.42 and Dow Jones Industrial Average falling 0.98% to 38,085.80.
Schlumberger Ltd. closed $12.68 short of its 52-week high ($62.12), which the company achieved on September 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Baker Hughes Co. $(BKR)$ rose 1.93% to $33.30, Halliburton Co. $(HAL)$ remained unchanged, and NOV Inc. $(NOV)$ rose 0.64% to $18.95.
Trading volume (8.0 M) remained 1.2 million below its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2024.
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(END) Dow Jones Newswires
April 25, 2024 16:47 ET (20:47 GMT)
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