DJ Paccar Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Paccar Inc. $(PCAR)$ rose 1.65% to $107.24 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.59% to 5,954.50 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
The stock's rise snapped a two-day losing streak.
Paccar Inc. closed 14.55% below its 52-week high of $125.50, which the company achieved on March 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Ford Motor Co. $(F)$ rose 2.80% to $9.55, Oshkosh Corp. (OSK) rose 0.95% to $102.30, and Nikola Corp. (NKLAQ) fell 6.51% to $0.20.
Trading volume (3.3 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
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(END) Dow Jones Newswires
February 28, 2025 16:46 ET (21:46 GMT)
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