Shares of Schlumberger Ltd. SLB, +2.26% slipped 1.22% to $42.08 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.57% falling 3.56% to 4,146.87 and Dow Jones Industrial Average DJIA, -0.30% falling 3.12% to 32,997.97. The stock’s fall snapped a three-day winning streak. Schlumberger Ltd. closed $4.19 short of its 52-week high ($46.27), which the company reached on March 8th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Baker Hughes Co. BKR, +0.34% fell 2.50% to $32.02, Halliburton Co. HAL, +1.80% fell 3.65% to $36.69, and NOV Inc. NOV, +1.01% fell 2.79% to $18.79.true Trading volume (16.3 M) eclipsed its 50-day average volume of 16.1 M.
