Baker Hughes Co.'s shares plummeted by 13.34%, closing at $35.41 on Friday. This marked a challenging day overall for the stock market, as evidenced by the S&P 500 Index declining by 5.97% to reach 5,074.08 and the Dow Jones Industrial Average dropping by 5.50% to end up at 38,314.86.
The stock experienced losses for the second day in a row.
Baker Hughes Co. finished at 28.32% below its 52-week peak of $49.40, recorded on February 6th.
On Friday, the stock lagged behind several peers with Caterpillar Inc. dropping 5.78% to close at $288.08, Schlumberger Ltd. declining 11.30% to finish at $34.78, and Halliburton Co. decreasing 10.76% to end up at $19.98.
The trading volume (21.0M) surpassed its 50-day average volume of 7.9M.
Editor's Note: This narrative was automatically generated by Automated Insights , an automation technology company, utilizing information from Dow Jones and FactSet. Check out our guidelines for using market data.
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