DJ Schlumberger Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of Schlumberger Ltd. $(SLB)$ rose 2.93% to $41.10 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.13% to 5,638.94 and the Dow Jones Industrial Average rising 1.65% to 41,488.19.
The stock's rise snapped a four-day losing streak.
Schlumberger Ltd. closed 26.20% short of its 52-week high of $55.69, which the company achieved on March 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Baker Hughes Co. $(BKR)$ rose 2.64% to $42.84, Halliburton Co. $(HAL)$ rose 3.00% to $25.07, and NOV Inc. $(NOV)$ rose 2.77% to $14.30.
Trading volume (13.0 M) remained 1.2 million below its 50-day average volume of 14.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2025.
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March 14, 2025 16:45 ET (20:45 GMT)
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