DJ Trimble Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Trimble Inc. $(TRMB)$ slipped 1.08% to $70.43 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.
This was the stock's second consecutive day of losses.
Trimble Inc. closed $6.54 below its 52-week high ($76.97), which the company achieved on December 4th.
Despite its losses, the stock outperformed some of its competitors Monday, as Deere & Co. (DE) fell 1.26% to $424.64 and Palantir Technologies Inc. (PLTR) fell 2.40% to $77.18.
Trading volume (733,357) remained 505,118 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.
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(END) Dow Jones Newswires
December 30, 2024 17:17 ET (22:17 GMT)
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