Halliburton Stock Rises Despite 42% Decline in Trading Volume Ranking Second in Consecutive Gains

Generated by AI AgentAinvest Market Brief
Friday, May 9, 2025 7:56 pm ET1min read
HAL--

On May 9, 2025, HalliburtonHAL-- (HAL) experienced a trading volume of $240 million, marking a 42.06% decrease from the previous day. The stock price rose by 0.59%, marking the second consecutive day of gains, with a total increase of 5.17% over the past two days.

Halliburton has received a mix of recommendations from research analysts, with seven rating the stock as a hold and fourteen assigning a buy recommendation. The average twelve-month price target for Halliburton, based on the forecasts of 25 analysts, is $29 per share.

Halliburton has forecasted a 2-cents-to-3-cents per share impact in the second quarter due to trade tensions. The company reported an adjusted net income per share of 60 cents for the first quarter of 2025, which was slightly below analysts' expectations.

Despite the challenges posed by trade tensions and a volatile market, Halliburton's stock has shown resilience, with a positive trend in recent trading sessions. The company's performance and analyst recommendations suggest a cautious optimism among investors.

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