Why Did Fluor Stock Nosedive in August?
Shares of diversified construction and engineering company Fluor (NYSE: FLR) plunged 25% after it reported disappointing Q2 earnings numbers and lowered its guidance on Aug. 1.
Fluor's stock had a rocky start to the year. And just when it had finally climbed out of the hole, the Q2 earnings report sent shares reeling.
Can it get back on track?
Source Fool.com
Fluor Corp. Stock
€37.14
-3.030%
With 23 Buy predictions and not a single Sell prediction Fluor Corp. is an absolute favorite of our community.
With a target price of 48 € there is a positive potential of 29.24% for Fluor Corp. compared to the current price of 37.14 €.
