Halliburton Co. stock rises Wednesday, still underperforms market

Halliburton Co. stock rises Wednesday, still underperforms market

Shares of Halliburton Co. HAL, +0.41% inched 0.41% higher to $34.20 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.96% rising 0.96% to 5,000.62 and the Dow Jones Industrial Average DJIA, +0.40% rising 0.40% to 38,424.27.

Halliburton Co. closed $9.65 short of its 52-week high ($43.85), which the company reached on October 18th.

The stock outperformed some of its competitors Wednesday, as ConocoPhillips COP, +0.32% rose 0.32% to $110.12, Schlumberger Ltd. SLB, +0.36% rose 0.36% to $47.75, and Devon Energy Corp. DVN, -0.14% fell 0.14% to $41.84.

Trading volume (6.6 M) remained 1.1 million below its 50-day average volume of 7.7 M.

Share:
error: Content is protected !!