DJ NOV Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of NOV Inc. $(NOV)$ slipped 6.95% to $11.11 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.57% to 4,982.77 and Dow Jones Industrial Average falling 0.84% to 37,645.59.
This was the stock's fifth consecutive day of losses.
NOV Inc. closed 47.59% short of its 52-week high of $21.20, which the company achieved on July 31st.
The stock underperformed when compared to some of its competitors Tuesday, as Schlumberger Ltd. $(SLB)$ fell 3.59% to $31.95, Baker Hughes Co. $(BKR)$ fell 1.99% to $35.00, and Halliburton Co. $(HAL)$ fell 3.65% to $19.26.
Trading volume (7.4 M) eclipsed its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 8, 2025.
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April 08, 2025 17:29 ET (21:29 GMT)
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