DJ Schlumberger Ltd. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Schlumberger Ltd. $(SLB)$ rallied 1.83% to $41.66 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.59% to 5,954.50 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
This was the stock's second consecutive day of gains.
Schlumberger Ltd. closed 25.19% short of its 52-week high of $55.69, which the company reached on March 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Baker Hughes Co. $(BKR)$ rose 2.32% to $44.59, Halliburton Co. $(HAL)$ rose 1.03% to $26.37, and NOV Inc. $(NOV)$ fell 0.47% to $14.92.
Trading volume (17.6 M) eclipsed its 50-day average volume of 14.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
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(END) Dow Jones Newswires
February 28, 2025 16:46 ET (21:46 GMT)
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