DJ TechnipFMC PLC Stock Rises Friday, Still Underperforms Market
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Shares of TechnipFMC PLC $(FTI)$ inched 0.08% higher to $26.49 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.12% to 5,303.27 and the Dow Jones Industrial Average rising 0.34% to 40,003.59.
The stock's rise snapped a two-day losing streak.
TechnipFMC PLC closed $0.81 short of its 52-week high ($27.30), which the company reached on May 9th.
The stock underperformed when compared to some of its competitors Friday, as Oil States International Inc. (OIS) rose 2.61% to $4.72.
Trading volume (2.5 M) remained 1.7 million below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2024.
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(END) Dow Jones Newswires
May 17, 2024 17:29 ET (21:29 GMT)
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