SLB Stock Declines 14.9% YTD: Should You Hold It or Stay Away?

Year to date, SLB (SLB) shares have lost 14.9%, significantly underperforming the industry’s decline of 4.8%. The slowdown in North American and international drilling activities has reduced the demand for SLB's products and services, including those aimed at optimizing well placement, maximizing drilling efficiency and more, contributing to the underperformance in the company's share price.  Image Source: Zacks Investment Research The critical question now facing investors is how to position themselves reg ...