SLB Ltd. Stock Underperforms Friday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.SLB Ltd. shares fell 1.96% to $50.53 on Friday, underperforming the broader market and its competitors despite a positive trading session for major indices. The stock closed 14.09% below its 52-week high. Trading volume was notably lower than the 50-day average.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of SLB Ltd. (SLB) shed 1.96% to $50.53 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.62% to 7,757.64 and the Dow Jones Industrial Average rising 0.28% to 54,036.93.
SLB Ltd. closed 14.09% below its 52-week high of $58.82, which the company achieved on May 26th.
The stock underperformed when compared to some of its competitors Friday, as Baker Hughes Co. (BKR) fell 1.55% to $61.55, Halliburton Co. (HAL) fell 1.91% to $31.89, and NOV Inc. (NOV) fell 1.26% to $19.65.
Trading volume (8.2 M) remained 6.7 million below its 50-day average volume of 14.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 7, 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
08-07-26 1644ET