DJ TechnipFMC PLC Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of TechnipFMC PLC $(FTI)$ rallied 1.70% to $26.28 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,306.04 and the Dow Jones Industrial Average falling 0.55% to 38,852.86.
This was the stock's third consecutive day of gains.
TechnipFMC PLC closed $1.02 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 Tuesday, as Oil States International Inc. (OIS) rose 2.41% to $4.67.
Trading volume (2.7 M) remained 1.2 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 28, 2024.
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(END) Dow Jones Newswires
May 28, 2024 17:29 ET (21:29 GMT)
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