Published on 4 Feb 2022 on Market Watch
TechnipFMC PLC stock outperforms competitors on strong trading day
Shares of TechnipFMC PLC rallied 2.57% to $6.79 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.52% to 4,500.53 and the Dow Jones Industrial Average falling 0.06% to 35,089.74. The stock's rise snapped a two-day losing streak. TechnipFMC PLC closed $3.91 short of its 52-week high ($10.70), which the company reached on June 8th.
The stock outperformed some of its competitors Friday, as NOV Inc. fell 8.21% to $16.21 and Oil States International Inc. rose 2.44% to $6.72. Trading volume (6.7 M) remained 416,238 below its 50-day average volume of 7.1 M.