DJ Trimble Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Trimble Inc. $(TRMB)$ advanced 1.27% to $77.40 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.37 and the Dow Jones Industrial Average rising 0.30% to 44,156.73.
This was the stock's seventh consecutive day of gains.
Trimble Inc. hit a new 52-week high, surpassing its previous peak of $76.97, which the company reached on December 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Deere & Co. (DE) fell 0.73% to $459.75 and Palantir Technologies Inc. (PLTR) rose 5.20% to $76.87.
Trading volume (1.1 M) remained 238,051 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 2025.
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(END) Dow Jones Newswires
January 22, 2025 17:11 ET (22:11 GMT)
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