DJ Schlumberger Ltd. Stock Underperforms Wednesday 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 1.00% higher to $43.53 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
Schlumberger Ltd. closed $12.16 below its 52-week high ($55.69), which the company reached on March 28th.
The stock underperformed when compared to some of its competitors Wednesday, as Baker Hughes Co. $(BKR)$ rose 3.36% to $44.31, Halliburton Co. $(HAL)$ rose 2.33% to $31.18, and NOV Inc. $(NOV)$ rose 1.69% to $16.26.
Trading volume (8.2 M) remained 5.3 million below its 50-day average volume of 13.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:50 ET (21:50 GMT)
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