Published on 24 Feb 2022 on Market Watch
TechnipFMC PLC stock outperforms competitors on strong trading day
Shares of TechnipFMC PLC rose 4.72% to $6.66 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.50% to 4,288.70 and the Dow Jones Industrial Average rising 0.28% to 33,223.83. The stock's rise snapped a four-day losing streak. TechnipFMC PLC closed $4.04 short of its 52-week high ($10.70), which the company reached on June 8th.
The stock outperformed some of its competitors Thursday, as NOV Inc. fell 2.21% to $16.78 and Oil States International Inc. rose 2.38% to $5.17. Trading volume (17.3 M) eclipsed its 50-day average volume of 8.7 M.