DJ Schlumberger Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of Schlumberger Ltd. $(SLB)$ rallied 1.16% to $34.15 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.24% to 5,275.70 and Dow Jones Industrial Average falling 1.73% to 39,669.39.
The stock's rise snapped a two-day losing streak.
Schlumberger Ltd. closed 34.27% short of its 52-week high of $51.96, which the company achieved on April 17th.
The stock outperformed some of its competitors Wednesday, as Baker Hughes Co. $(BKR)$ fell 0.08% to $38.13, Halliburton Co. $(HAL)$ rose 0.85% to $21.43, and NOV Inc. $(NOV)$ rose 0.33% to $12.05.
Trading volume (13.1 M) remained 5.4 million below its 50-day average volume of 18.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2025.
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(END) Dow Jones Newswires
April 16, 2025 16:50 ET (20:50 GMT)
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