TechnipFMC PLC Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

Dow Jones06:26

DJ TechnipFMC PLC Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of TechnipFMC PLC $(FTI)$ rallied 2.70% to $30.83 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.

This was the stock's fifth consecutive day of gains.

TechnipFMC PLC hit a new 52-week high, surpassing its previous peak of $30.23, which the company achieved on November 21st.

The stock underperformed when compared to some of its competitors Friday, as Oil States International Inc. (OIS) rose 5.15% to $5.72.

Trading volume (3.5 M) remained 250,097 below its 50-day average volume of 3.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 22, 2024 17:26 ET (22:26 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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