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
€35.07
-1.690%
The stock is an absolute favorite of our community with 24 Buy predictions and no Sell predictions.
As a result the target price of 52 € shows a positive potential of 48.27% compared to the current price of 35.07 € for Fluor Corp..
