DJ NOV Inc. Stock Rises Monday, Still Underperforms Market
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Shares of NOV Inc. $(NOV)$ inched 0.19% higher to $16.00 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
The stock's rise snapped a three-day losing streak.
NOV Inc. closed $5.23 short of its 52-week high ($21.23), which the company achieved on January 25th.
The stock underperformed when compared to some of its competitors Monday, as Schlumberger Ltd. $(SLB)$ rose 0.72% to $43.49, Baker Hughes Co. $(BKR)$ rose 0.30% to $43.07, and Halliburton Co. $(HAL)$ rose 2.56% to $30.45.
Trading volume (3.1 M) remained 878,342 below its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 17:29 ET (22:29 GMT)
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