Published on 29 Nov 2021 on Market Watch
Shares of TechnipFMC PLC slipped 1.85% to $5.82 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.32% to 4,655.27 and the Dow Jones Industrial Average rising 0.68% to 35,135.94. This was the stock's third consecutive day of losses. TechnipFMC PLC closed $4.88 below its 52-week high ($10.70), which the company reached on June 8th.
The stock underperformed when compared to some of its competitors Monday, as NOV Inc. fell 0.32% to $12.45 and Oil States International Inc. rose 0.38% to $5.26. Trading volume (6.6 M) eclipsed its 50-day average volume of 5.1 M.