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BearishMEDIUM severityTech & AI6d ago

Flotek falls as proposed Puerto Rico power project on hold

Reported by Seeking Alpha · seekingalpha.com · August 18, 2026

Flotek said the Financial Oversight and Management Board for Puerto Rico voted to direct the Puerto Rico Electric Power Authority to terminate a 10-year power generation contract.

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What to watch: Demand softness or margin pressure in tech often leads broader market sentiment.

Market reaction today: $FTK -3.04%

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