Published on 15 Feb 2022 on Market Watch
TechnipFMC PLC stock rises Tuesday, still underperforms market
Shares of TechnipFMC PLC inched 0.90% higher to $6.71 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.58% to 4,471.07 and the Dow Jones Industrial Average rising 1.22% to 34,988.84. TechnipFMC PLC closed $3.99 below its 52-week high ($10.70), which the company reached on June 8th.
The stock outperformed some of its competitors Tuesday, as NOV Inc. rose 0.12% to $16.73 and Oil States International Inc. rose 0.31% to $6.44. Trading volume (11.7 M) eclipsed its 50-day average volume of 7.4 M.