Baker Hughes Co. stock underperforms Wednesday when compared to competitors despite daily gains
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Shares of Baker Hughes Co. BKR advanced 1.60% to $31.09 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.02% to 32,661.84 and the S&P 500 Index SPX falling 0.47% to 3,951.39. Baker Hughes Co. closed $8.69 short of its 52-week high ($39.78), which the company achieved on March 24th.
The stock underperformed when compared to some of its competitors Wednesday, as Caterpillar Inc. CAT rose 3.81% to $248.67, Schlumberger Ltd. SLB rose…