Shares of Schlumberger Ltd. SLB, -0.35% slid 4.46% to $41.73 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, 0.50% rising 0.71% to 4,575.52 and the Dow Jones Industrial Average DJIA, 0.32% rising 0.27% to 34,955.89. The stock’s fall snapped a seven-day winning streak. Schlumberger Ltd. closed $4.54 short of its 52-week high ($46.27), which the company achieved on March 8th.
The stock underperformed when compared to some of its competitors Monday, as Baker Hughes Co. BKR, -1.62% fell 4.44% to $37.00, Halliburton Co. HAL, -0.67% fell 4.06% to $37.32, and NOV Inc. NOV, 0.47% fell 3.96% to $19.16. Trading volume (14.0 M) remained 4.6 million below its 50-day average volume of 18.6 M.