Forum Energy Technologies Stock Surges Over 6% Pre-Market: Why is it Moving?
Forum Energy shares jumped after hours as strong second-quarter results and raised guidance highlighted improving business momentum.
Forum Energy did really well last quarter and told everyone it expects to keep doing well, which made lots of people want to buy the stock. When a company does better than people thought it would, that's a sign the business is getting stronger.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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