SLB (SLB) closed down 5.25% in the latest trading session, underperforming the broader market. Despite this, the stock has climbed 6.7% over the past month, exceeding its sector and the S&P 500. Investors are anticipating SLB’s upcoming earnings, which are projected to decrease by 13.89% year-over-year, while revenue is expected to increase by 4.57%.
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Here's Why SLB (SLB) Fell More Than Broader Market
SLB (SLB) closed down 5.25% in the latest trading session, underperforming the broader market. Despite this, the stock has climbed 6.7% over the past month, exceeding its sector and the S&P 500. Investors are anticipating SLB’s upcoming earnings, which are projected to decrease by 13.89% year-over-year, while revenue is expected to increase by 4.57%.