Shares of NOV Inc. NOV, -2.34% slipped 2.34% to $19.17 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -1.20% falling 1.20% to 5,061.82 and Dow Jones Industrial Average DJIA, -0.65% falling 0.65% to 37,735.11.
This was the stock’s third consecutive day of losses.
NOV Inc. closed $2.74 below its 52-week high ($21.91), which the company reached on September 5th.
The stock underperformed when compared to some of its competitors Monday, as Schlumberger Ltd. SLB, -0.63% fell 0.63% to $51.67, Baker Hughes Co. BKR, -1.82% fell 1.82% to $32.45, and Halliburton Co. HAL, -1.44% fell 1.44% to $39.10.
Trading volume (2.4 M) remained 2.3 million below its 50-day average volume of 4.7 M.