Schlumberger NV (SLB): Today's Featured Energy Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Schlumberger (SLB) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Schlumberger fell $2.92 (-3.1%) to $89.81 on average volume. Throughout the day, 7,199,467 shares of Schlumberger exchanged hands as compared to its average daily volume of 5,934,800 shares. The stock ranged in price between $89.50-$92.70 after having opened the day at $92.46 as compared to the previous trading day's close of $92.73. Other companies within the Energy industry that declined today were: Recon Technology (RCON), down 16.9%, Basic Energy Services (BAS), down 8.3%, Rocket Fuel (FUEL), down 6.2% and VOC Energy (VOC), down 6.1%.
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