Halliburton Co. stock falls Tuesday, underperforms market

Halliburton Co. stock falls Tuesday, underperforms market

Shares of Halliburton Co. HAL, -2.06% slipped 2.06% to $23.29 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.85% falling 0.85% to 4,127.83 and Dow Jones Industrial Average DJIA, -0.78% falling 0.78% to 34,060.66. The stock’s fall snapped a two-day winning streak. Halliburton Co. closed $1.45 short of its 52-week high ($24.74), which the company achieved on March 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Royal Dutch Shell PLC ADR Cl A RDS.A, -1.76% fell 1.76% to $40.27, Schlumberger Ltd. SLB, -2.88% fell 2.88% to $33.07, and Baker Hughes Co. BKR, -1.90% fell 1.90% to $25.81. Trading volume (8.5 M) remained 1.1 million below its 50-day average volume of 9.6 M.

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