DJ Schlumberger Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of Schlumberger Ltd. $(SLB)$ advanced 2.57% to $44.29 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
The stock's rise snapped a two-day losing streak.
Schlumberger Ltd. closed $11.40 below its 52-week high ($55.69), which the company achieved on March 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Baker Hughes Co. $(BKR)$ rose 2.55% to $44.11, Halliburton Co. $(HAL)$ rose 3.08% to $30.13, and NOV Inc. $(NOV)$ rose 1.54% to $16.53.
Trading volume (11.4 M) remained 2.2 million below its 50-day average volume of 13.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 16:50 ET (21:50 GMT)
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