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TechnipFMC PLC stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of TechnipFMC PLC FTI, +1.39% rallied 1.17% to $7.80 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.02% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, -0.28% rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. TechnipFMC PLC closed $2.90 below its 52-week high ($10.70), which the company achieved on June 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NOV Inc. NOV, +0.73% rose 1.39% to $14.62 and Oil States International Inc. OIS, +2.75% rose 1.03% to $6.87. Trading volume (3.8 M) remained 1.5 million below its 50-day average volume of 5.3 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.