DJ TechnipFMC PLC Stock Underperforms Wednesday When Compared To Competitors
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Shares of TechnipFMC PLC $(FTI)$ shed 4.51% to $25.39 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.27% to 5,307.01 and Dow Jones Industrial Average falling 0.51% to 39,671.04.
This was the stock's second consecutive day of losses.
TechnipFMC PLC closed $1.91 below its 52-week high ($27.30), which the company reached on May 9th.
The stock underperformed when compared to some of its competitors Wednesday, as Oil States International Inc. (OIS) fell 2.11% to $4.65.
Trading volume (4.6 M) eclipsed its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2024.
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(END) Dow Jones Newswires
May 22, 2024 17:29 ET (21:29 GMT)
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