Shares of TechnipFMC PLC FTI, +1.16% rallied 1.16% to $6.99 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.13% falling 0.13% to 3,930.08 and Dow Jones Industrial Average DJIA, -0.33% falling 0.33% to 31,730.30. This was the stock’s third consecutive day of gains. TechnipFMC PLC closed $3.71 below its 52-week high ($10.70), which the company reached on June 8th.
The stock outperformed some of its competitors Thursday, as NOV Inc. NOV, -0.41% fell 0.41% to $17.07 and Oil States International Inc. OIS, +0.62% rose 0.62% to $6.54. Trading volume (6.9 M) remained 3.8 million below its 50-day average volume of 10.7 M.