Baker Hughes Co. Stock Sheds 7.4%, Underperforms Peers
Dow Jones2026/10/28 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Baker Hughes Co. shed 7.4% to $54.66 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,743.98 and the Dow Jones Industrial Average rising 0.2% to 52,475.10.
The stock's fall snapped a three-day winning streak.
Baker Hughes Co. closed 22.4% below its 52-week high of $70.41, which the company achieved on April 27th.
The stock underperformed when compared to some of its peers, as Caterpillar Inc. remained unchanged, SLB Ltd. fell 0.6% to $53.75, and Halliburton Co. rose 0.39% to $35.76.
Trading volume totaled 17.2 million, compared to the 50-day average of 7.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 28, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
WikiLeaks Founder Julian Assange Welcomes Daughter With Terminator Quote
Crypto prices
More
