Watching Schlumberger N.V.; Investor Business Daily SwingTrader Exits Entire Position At $58.19
Portfolio Pulse from Happy Mohamed
Investor Business Daily SwingTrader has exited its entire position in Schlumberger N.V. at $58.19.
August 15, 2023 | 1:52 pm
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NEGATIVE IMPACT
Schlumberger N.V.'s stock may be impacted as Investor Business Daily SwingTrader has sold its entire stake at $58.19.
The sale of a significant stake by a major investor can often lead to a decrease in the stock's price in the short term, as it may be perceived as a lack of confidence in the company's prospects. Therefore, Schlumberger N.V.'s stock price may be negatively impacted in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100