DJ Schlumberger Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of Schlumberger Ltd. $(SLB)$ advanced 1.41% to $40.32 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
The stock's rise snapped a five-day losing streak.
Schlumberger Ltd. closed $17.15 below its 52-week high ($57.47), which the company achieved on November 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Baker Hughes Co. $(BKR)$ rose 1.41% to $38.17, Halliburton Co. $(HAL)$ rose 1.63% to $28.13, and NOV Inc. $(NOV)$ rose 1.45% to $15.39.
Trading volume (11.0 M) remained 1.8 million below its 50-day average volume of 12.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 16:50 ET (21:50 GMT)
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