Why TechnipFMC Stock Is Rallying Today

Matthew DiLallo, The Motley Fool
·2-min read
Why TechnipFMC Stock Is Rallying Today

Shares of TechnipFMC (NYSE: FTI) surged more than 13% by 2:30 p.m. EST on Thursday. Fueling the energy stock was its fourth-quarter results and outlook for 2021 and beyond. TechnipFMC reported an adjusted loss of $0.05 per share during the fourth quarter, which missed the analysts' consensus estimate by $0.16 per share.