Shares of NOV Inc. NOV, -0.90% dropped 0.90% to $15.34 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.93% rising 0.93% to 4,338.93 and the Dow Jones Industrial Average DJIA, +0.56% rising 0.56% to 34,066.33.
This was the stock’s third consecutive day of losses.
NOV Inc. closed $9.49 short of its 52-week high ($24.83), which the company achieved on January 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Schlumberger Ltd. SLB, -1.07% fell 1.07% to $47.02, Baker Hughes Co. BKR, -0.73% fell 0.73% to $29.79, and Halliburton Co. HAL, -1.89% fell 1.89% to $31.73.
Trading volume (5.3 M) eclipsed its 50-day average volume of 4.8 M.