Why Fluor Stock Is Stumbling Today

Why Fluor Stock Is Stumbling Today

Shares of Fluor (NYSE: FLR) tumbled more than 12% by 11:15 a.m. EST on Friday. Weighing on the engineering and construction services company was its disappointing fourth-quarter results and a weak outlook for 2021. Last year was another challenging one for Fluor due to the impact the COVID-19 outbreak had on the global economy.