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Comparing NOV’s Returns to the Market’s after Its 1Q18 Results

Alex Chamberlin
Comparing NOV’s Returns to the Market’s after Its 1Q18 Results

National Oilwell Varco (NOV) released its financial results for 1Q18 after the market closed on April 26, 2018. Its stock price rose 0.9% to $38.63 on the day compared to its closing price on April 25. The SPDR S&P 500 ETF (SPY), which represents the broader market, rose 1.0% on April 26 compared to the previous day’s close.