DJ Schlumberger Ltd. Stock Rises Monday, Still Underperforms Market
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Shares of Schlumberger Ltd. $(SLB)$ inched 0.44% higher to $38.76 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,975.38 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.
This was the stock's sixth consecutive day of gains.
Schlumberger Ltd. closed $16.93 short of its 52-week high ($55.69), which the company reached on March 28th.
The stock outperformed some of its competitors Monday, as Baker Hughes Co. $(BKR)$ rose 0.40% to $42.83, Halliburton Co. $(HAL)$ fell 0.07% to $27.66, and NOV Inc. $(NOV)$ fell 0.07% to $14.77.
Trading volume (8.3 M) remained 3.6 million below its 50-day average volume of 11.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.
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(END) Dow Jones Newswires
January 06, 2025 16:53 ET (21:53 GMT)
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