DJ NOV Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of NOV Inc. $(NOV)$ slid 1.75% to $14.56 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.39% to 6,050.61 and Dow Jones Industrial Average falling 0.61% to 43,449.90.
This was the stock's fourth consecutive day of losses.
NOV Inc. closed $6.67 below its 52-week high ($21.23), which the company achieved on January 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Schlumberger Ltd. $(SLB)$ fell 2.38% to $38.93, Baker Hughes Co. $(BKR)$ fell 0.93% to $41.41, and Halliburton Co. $(HAL)$ fell 2.44% to $27.19.
Trading volume (4.8 M) eclipsed its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 17, 2024.
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(END) Dow Jones Newswires
December 17, 2024 17:26 ET (22:26 GMT)
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