Fluor's stock tumbles after a big earnings miss, plan to deconsolidate NuScale
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Fluor's stock fell sharply after the company reported a significant earnings miss, the largest in five years, and announced plans to deconsolidate NuScale.

November 08, 2024 | 1:00 pm
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NEGATIVE IMPACT
Fluor's stock experienced a significant decline following a major earnings miss and the announcement of plans to deconsolidate NuScale.
Fluor's earnings miss was the largest in five years, which is a strong negative signal for investors. Additionally, the decision to deconsolidate NuScale adds uncertainty to the company's future operations and financials, contributing to the stock's decline.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100