Flotek Industries (FTK) Soars 9.2%: Is Further Upside Left in the Stock?
Flotek Industries (FTK) shares soared 9.2% in the last trading session to close at $16.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.7% gain over the past four weeks.The surge in Flotek's stock can be attributed to its impressive Q1 earnings, with EPS surpassing estimates by 183% and revenue climbing 37% year-over-year, fueled by strong performance across its green chemistry and data analytics segments. The company also r ...