Strength Seen in Flotek Industries (FTK): Can Its 9.5% Jump Turn into More Strength?
FTKFlotek(FTK) ZACKS·2024-09-18 23:46

Flotek Industries (FTK) shares soared 9.5% in the last trading session to close at $5.17. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11.1% gain over the past four weeks.The surge can be attributed to Flotek’s specialization in green chemistry, which offers innovative solutions aimed at reducing the environmental impact of the energy sector. Governments and energy companies worldwide are increasingly focusing on reducing the ...