Forum Energy: Rises as CEO increases stake

Forum Energy Technologies

20/08/2020 12:46

** Shares of oilfield services company  FET.N  up 7% at 54
cents premarket
    ** Chief Executive Officer Gaut Christopher buys 105,000
shares in the company on Wednesday, increasing his stake to 4.5
mln shares
    ** Christopher bought 20,000 shares on Tuesday, according to
 a Form 4 filing https://ir.f-e-t.com/static-files/b50279d0-9b2d-43b2-83b0-8182d9d91c49
 with the SEC
     ** Stock had fallen 70.2% YTD, as of last close

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
twitter.com/Arundhati_05))