Schlumberger (SLB) Stock Drops Despite Market Gains: Important Facts to Note

Schlumberger (SLB) closed the most recent trading day at $33.73, moving -5.89% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.96%. On the other hand, the Dow registered a gain of 0.89%, and the technology-centric Nasdaq increased by 0.94%. Prior to today's trading, shares of the world's largest oilfield services company had gained 6.48% lagged the Oils-Energy sector's gain of 6.67% and outpaced the S&P 500's gain of 0.5%.Market participants will be closel ...