US Infrastructure Hit Again... Fluor Loses $400 Million in Market Value in One Day
Fluor Corporation (NYSE: FLR) closed at $49.19 on the New York Stock Exchange on the 1st, down 6.11% from the previous day. Trading volume was about 1.16 million shares, and market capitalization fell by roughly $395 million to $6.87 billion in a single session.
In its first-quarter 2026 results announced in May, Fluor generated approximately $110 million of operating cash flow—the strongest Q1 performance in nine years. Since September 2025, the company has also raised around $2.4 billion through the sale of its stake in small modular reactor developer NuScale Power. Fluor has launched a shareholder-return program targeting up to $1.4 billion in share repurchases during 2026 and was selected as the EPC partner for the expansion of Centrus Energy’s uranium-enrichment facility in Ohio, further bolstering its nuclear and energy project pipeline.
Headquartered in Irving, Texas, Fluor is a leading U.S. engineering, procurement and construction (EPC) firm executing large-scale infrastructure projects worldwide—including power plants, refining and petrochemicals, mining, data centers and nuclear facilities. With a history spanning more than a century, the company is improving profitability and reducing risk by divesting non-core assets and refocusing its portfolio on growth sectors such as nuclear energy and data centers.