DJ Schlumberger Ltd. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Schlumberger Ltd. $(SLB)$ slipped 1.25% to $41.01 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.37% to 43,621.16 and the S&P 500 Index falling 0.47% to 5,955.25.
This was the stock's third consecutive day of losses.
Schlumberger Ltd. closed 26.36% 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 Tuesday, as Baker Hughes Co. $(BKR)$ fell 1.30% to $44.04, Halliburton Co. $(HAL)$ fell 1.91% to $26.23, and NOV Inc. $(NOV)$ fell 0.13% to $14.97.
Trading volume (14.4 M) eclipsed its 50-day average volume of 13.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 25, 2025.
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February 25, 2025 16:47 ET (21:47 GMT)
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