DJ Trimble Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Trimble Inc. $(TRMB)$ rose 1.14% to $75.14 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,129.58 and the Dow Jones Industrial Average rising 0.02% to 44,556.34.
This was the stock's third consecutive day of gains.
Trimble Inc. closed 3.39% short of its 52-week high of $77.78, which the company reached on January 24th.
The stock underperformed when compared to some of its competitors Tuesday, as Deere & Co. (DE) rose 4.44% to $501.56, Palantir Technologies Inc. (PLTR) rose 4.58% to $124.62, and Rockwell Automation Inc. $(ROK)$ rose 2.75% to $301.15.
Trading volume (2.4 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 18, 2025.
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(END) Dow Jones Newswires
February 18, 2025 17:12 ET (22:12 GMT)
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