Baker Hughes Incorporated

Free In-Depth Equity Research Report

Baker Hughes shares surged 8.82 percent to close at $42.83 a share Wednesday. The stock traded between $38.77 and $43.25 on volume of 14.88 million shares traded. The Wall Street Journal has reported that the Justice Department has filed antitrust lawsuit to block Halliburton‘s $35 billion deal to acquire Baker Hughes. Shares of Baker Hughes have fallen approximately 7.0 percent year-to-date and are also down roughly 7.0 percent in the past month.

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