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NOV Inc. Stock Underperforms Thursday When Compared To Competitors

MarketWatch Automated
Aug 20, 2026 at 09:32 PM
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NOV Inc. shares fell 2.03% to $20.27 on Thursday, marking its third consecutive day of losses and closing 6.46% below its 52-week high. The decline occurred during a broader market downturn, with the S&P 500 and Dow Jones also falling. Trading volume was below the 50-day average. Compared to competitors, NOV underperformed relative to Halliburton's gain but outperformed Baker Hughes' steeper drop.

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of NOV Inc. (NOV) slid 2.03% to $20.27 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.87% to 7,641.16 and Dow Jones Industrial Average falling 1.32% to 52,759.21.

This was the stock's third consecutive day of losses.

NOV Inc. closed 6.46% below its 52-week high of $21.67, which the company reached on August 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as SLB Ltd. (SLB) remained unchanged, Baker Hughes Co. (BKR) fell 2.64% to $62.78, and Halliburton Co. (HAL) rose 1.91% to $35.69.

Trading volume (3.4 M) remained 501,661 below its 50-day average volume of 3.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 20, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

08-20-26 1732ET

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