Published on 2 Dec 2021 on Market Watch
Shares of TechnipFMC PLC advanced 5.56% to $5.89 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.42% to 4,577.10 and the Dow Jones Industrial Average rising 1.82% to 34,639.79. The stock's rise snapped a five-day losing streak. TechnipFMC PLC closed $4.81 short of its 52-week high ($10.70), which the company achieved on June 8th.
The stock outperformed some of its competitors Thursday, as NOV Inc. rose 4.37% to $12.19 and Oil States International Inc. rose 4.38% to $5.01. Trading volume (5.4 M) eclipsed its 50-day average volume of 5.3 M.