DJ NOV Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of NOV Inc. $(NOV)$ rallied 1.54% to $16.53 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
The stock's rise snapped a two-day losing streak.
NOV Inc. closed $4.70 below its 52-week high ($21.23), which the company achieved on January 25th.
The stock underperformed when compared to some of its competitors Monday, as Schlumberger Ltd. $(SLB)$ rose 2.57% to $44.29, Baker Hughes Co. $(BKR)$ rose 2.55% to $44.11, and Halliburton Co. $(HAL)$ rose 3.08% to $30.13.
Trading volume (3.6 M) remained 426,974 below its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 17:29 ET (22:29 GMT)
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