Published on 30 Nov 2021 on Market Watch
TechnipFMC PLC stock falls Tuesday, underperforms market
Shares of TechnipFMC PLC slipped 2.58% to $5.67 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.90% to 4,567.00 and Dow Jones Industrial Average falling 1.86% to 34,483.72. This was the stock's fourth consecutive day of losses. TechnipFMC PLC closed $5.03 below its 52-week high ($10.70), which the company reached on June 8th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as NOV Inc. fell 4.26% to $11.92 and Oil States International Inc. fell 3.80% to $5.06. Trading volume (7.2 M) eclipsed its 50-day average volume of 5.2 M.