DJ Schlumberger Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of Schlumberger Ltd. $(SLB)$ rallied 2.45% to $34.32 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.58% to 5,663.94 and the Dow Jones Industrial Average rising 0.62% to 41,368.45.
The stock's rise snapped a three-day losing streak.
Schlumberger Ltd. closed 32.63% short of its 52-week high of $50.94, which the company achieved on July 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Baker Hughes Co. (BKR) fell 0.17% to $36.25, Halliburton Co. $(HAL)$ rose 4.55% to $20.24, and NOV Inc. $(NOV)$ rose 4.99% to $12.42.
Trading volume (14.0 M) remained 5.5 million below its 50-day average volume of 19.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2025.
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May 08, 2025 16:51 ET (20:51 GMT)
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