FTK Stock Closes Up Nearly 100%, Here’s Why

FTK stock

It’s official. The FTK stock was a trending ticker of the day. Well, according to Yahoo Finance, that is. On Friday, January 11th, Flotek Industries, Inc. (NYSE:FTK) announced plans to sell Florida Chemical Co LLC to Archer Daniels Midland Company (NYSE:ADM). The value of the deal was $175 million, paid in cash. On the news, FTK stock soared, ending the day up nearly a whopping 100%.

FTK Stock: A Day for the Books 

Today, Flotek Industries said that it will sell its consumer and industrial chemical technologies segment to Chicago-based Archer Daniels. With the sale, Flotek ...

Get early insight on hidden secret gems on MicroSmallCap. Follow Crypto, Mining, Cannabis and Energy stocks and get free research reports here.

All content provided by MicroSmallCap is subject to our Terms Of Use and Disclaimer.

Recent Posts