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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?

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Source Fool.com

Fluor Corp. Stock

€36.47
0.030%
There is nearly no change for the Fluor Corp. stock today. Compared to yesterday it only changed by €0.010.
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 31.62% for Fluor Corp. compared to the current price of 36.47 €.
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