This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of SLB Ltd. shed 3.1% to $49.87 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,670.84 and Dow Jones Industrial Average falling 0.3% to 51,349.92.
This was the stock's second consecutive day of losses.
SLB Ltd. closed 17.5% short of its 52-week high of $60.46, which the company reached on August 31st.
The stock underperformed when compared to some of its peers, as Baker Hughes Co. fell 2.1% to $55.92, Halliburton Co. fell 2.7% to $31.54, and NOV Inc. fell 2.67% to $18.98.
Trading volume totaled 26.6 million, compared to the 50-day average of 12.8 million.
Data source: Dow Jones Market Data, FactSet