Halliburton Co. stock rises Tuesday, still underperforms market

Halliburton Co. stock rises Tuesday, still underperforms market

Shares of Halliburton Co. HAL, +0.10% inched 0.10% higher to $38.75 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.45% rising 1.45% to 4,497.63 and the Dow Jones Industrial Average DJIA, +0.85% rising 0.85% to 34,852.67.

This was the stock’s second consecutive day of gains.

Halliburton Co. closed $4.67 below its 52-week high ($43.42), which the company achieved on January 18th.

The stock underperformed when compared to some of its competitors Tuesday, as ConocoPhillips COP, +0.12% rose 0.12% to $117.66, Schlumberger Ltd. SLB, +0.67% rose 0.67% to $58.22, and Devon Energy Corp. DVN, +0.32% rose 0.32% to $50.73.

Trading volume (3.9 M) remained 4.3 million below its 50-day average volume of 8.1 M.

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