SLB Down 11% In A Week. History Shows It Can Get Worse.

• In Covid Pandemic, Schlumberger stock declined 70% vs 34% for S&P 500. During global financial crisis, it dropped 69% compared to the S&P 500’s 57%.
• Following the 2018 Correction, the stock has not yet recovered to its pre-crisis peak, whereas the S&P 500 recovered in 4 months. In the global financial crisis, the stock took 65 months to recover, compared to 49 months for the S&P 500.

Schlumberger Stock Performance In Market Crashes:

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