Data Center Boom Fuels New Growth Opportunities For Fluor, CEO Says
FLR stock hits new 52-week high! Fluor reports Q2 earnings beat, $26.9B backlog, and $300M in share repurchases. Full recap here.
Fluor, a construction company, is getting lots of new building projects because of data centers (huge computer buildings). When a company has a big pile of future work and buys back its own stock, it usually means people running it feel confident about the future.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.