SLB Ltd. Stock Rises 4.8%, Outperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of SLB Ltd. rallied 4.8% to $60.10 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,686.14 and Dow Jones Industrial Average falling 0.7% to 53,185.90.

This was the stock's fourth consecutive day of gains.

SLB Ltd. hit a new 52-week high, surpassing its previous peak of $58.82, which the company achieved on May 26th.

The stock outperformed some of its peers, as Baker Hughes Co. rose 1.8% to $63.55, Halliburton Co. rose 1.9% to $36.85, and NOV Inc. rose 1.43% to $21.29.

Trading volume totaled 34.6 million, compared to the 50-day average of 13.4 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 31, 2026 16:34 ET (20:34 GMT)