DJ NOV Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of NOV Inc. $(NOV)$ inched 0.68% higher to $14.70 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,868.55 and Dow Jones Industrial Average falling 0.36% to 42,392.27.
This was the stock's fourth consecutive day of gains.
NOV Inc. closed $6.53 short of its 52-week high ($21.23), which the company reached on January 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Schlumberger Ltd. $(SLB)$ rose 0.16% to $38.40, Baker Hughes Co. $(BKR)$ rose 1.32% to $41.56, and Halliburton Co. $(HAL)$ rose 1.99% to $27.73.
Trading volume (3.0 M) remained 1.3 million below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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January 02, 2025 17:35 ET (22:35 GMT)
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