Fluor Shares Plummet 3.45% as Weak Earnings and Regulatory Probe Send Stock to 363rd in Liquidity Rankings

On August 4, 2025, Fluor (FLR) closed at a 3.45% decline with a trading volume of $0.30 billion, ranking 363rd in liquidity. The stock’s subdued performance followed the release of weak second-quarter financial results and a regulatory investigation announcement.

Holzer & Holzer, LLC initiated a probe into Fluor’s compliance with federal securities laws after the company reported year-over-year declines in revenue, adjusted EPS, and adjusted EBITDA. Management attributed the underperformance to operational challenges in three long-standing infrastructure projects and reduced capital spending from key clients. The investigation heightens scrutiny over the firm’s transparency amid deteriorating financial metrics.

Despite the near-term setbacks, DA Davidson reiterated a “Buy” rating for Fluor, citing a strong balance sheet with more cash than debt and a revised outlook for its small modular reactor (SMR) investment. The firm highlighted potential shareholder value from monetizing SMR holdings through share repurchases, though it lowered earnings estimates due to slower bookings momentum.

A strategy of purchasing the top 500 stocks by daily trading volume and holding for one day generated a 166.71% return from 2022 to the present, significantly outperforming the benchmark’s 29.18% gain. This underscores the influence of liquidity concentration in short-term equity performance, particularly in volatile market environments.