Schlumberger Shares Skid: SLB Stock Plummets Over 10% in Midday Trading

NEW YORK – Shares of global energy services leader Schlumberger NV (NYSE: SLB) faced intense selling pressure on Wednesday, April 10th, tumbling by double digits during midday trading.

As of 12:28:14 PM Eastern Time (UTC-4), Schlumberger stock was trading at $32.01 per share on the New York Stock Exchange. This represents a sharp decline of $3.93, equating to a significant 10.93% drop for the day. The stock’s previous closing price was $35.94.

The intraday chart clearly shows a steep downward trend throughout the morning session, indicating a strong move away from the energy giant’s stock by investors. The fall places Schlumberger among the day’s most notable losers on the NYSE, reflecting broader movements or specific concerns impacting the energy services sector. Market participants are keeping a close eye on developments affecting energy stocks.