Why Fluor Stock Jumped 28.8% in October and Is Rallying Further
Shares of engineering and construction company Fluor (NYSE: FLR) jumped 28.8% in October, according to data provided by S&P Global Market Intelligence. And the stock isn't done rallying just yet: It has already gained another 14.2% this month, as of the time of this writing.
Some contract wins, a quarterly earnings report, a leadership change announcement -- a lot's going on at Fluor.
Fluor won a couple of notable contracts in October, including:
Source Fool.com