Why Schlumberger Stock Gained 11% in December
Schlumberger (NYSE: SLB) stock outperformed a booming market last month by rising 11% compared to a 3% spike in the S&P 500, according to data provided by S&P Global Market Intelligence.
The increase wasn't enough to put shareholders ahead of the market for the full year, though, as the stock gained about 10% in 2019 while the S&P rallied higher by 29%.
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Source Fool.com