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Halliburton's Trading Volume Surges 161.61% to $523 Million, Ranked 180th in Market
Generated by AI AgentAinvest Volume Radar
Friday, Jun 13, 2025 8:01 pm ET1min read
On June 13, 2025,
(HAL) experienced a significant surge in trading volume, with a total turnover of $523 million, marking a 161.61% increase from the previous day. This substantial rise in trading volume placed Halliburton at the 180th position in the day's stock market rankings. The stock price of Halliburton also saw a notable increase, rising by 5.51%.Halliburton's stock price surged due to the broader market's positive sentiment towards oil stocks. The S&P 500 oilfield service sector, which includes Halliburton, saw a significant boost as oil prices hit a four-month high. This positive market sentiment contributed to Halliburton's stock price increase, reflecting investor confidence in the company's performance within the oilfield service industry.
Wells Fargo & Company recently adjusted its price target for Halliburton, increasing it from $27.00 to $28.00 and maintaining an "overweight" rating. This adjustment indicates a positive outlook on Halliburton's future performance, further bolstering investor confidence in the stock.
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