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Flotek Shares Nearly Double After Selling Chemical Unit to Archer Daniels
Flotek is selling its Florida Chemical business for $175 million in cash.
Tony Owusu
Flotek Industries Inc. (FTK - Get Report) shares jumped more that 90% Friday after the Houston-based chemical and services provider for the oil and gas industry announced that it was selling its consumer and industrial chemistry technologies segment to Archer Daniels Midland Co.
...
https://www.thestreet.com/investing/flot...yptr=yahoo
![[Bild: FTKc1dl1609.png]](https://finviz.com/publish/011219/FTKc1dl1609.png)
Flotek is selling its Florida Chemical business for $175 million in cash.
Tony Owusu
Flotek Industries Inc. (FTK - Get Report) shares jumped more that 90% Friday after the Houston-based chemical and services provider for the oil and gas industry announced that it was selling its consumer and industrial chemistry technologies segment to Archer Daniels Midland Co.
...
https://www.thestreet.com/investing/flot...yptr=yahoo
