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Baker Hughes Co. stock outperforms market on strong trading day

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Terrence Horan

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Shares of Baker Hughes Co. BKR, +1.52% rallied 2.21% to $26.83 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.11% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.21% rising 1.56% to 34,912.56. This was the stock's sixth consecutive day of gains. Baker Hughes Co. hit a new 52-week high, surpassing its previous peak of $26.57, which the company reached on May 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Schlumberger Ltd. SLB, -1.14% rose 2.32% to $33.52, Halliburton Co. HAL, +2.13% rose 1.27% to $24.80, and NOV Inc. NOV, +0.95% rose 1.39% to $14.62. Trading volume (8.3 M) eclipsed its 50-day average volume of 8.0 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.