DJ Trimble Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Trimble Inc. $(TRMB)$ slid 3.20% to $69.68 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.76% to 5,849.72 and Dow Jones Industrial Average falling 1.48% to 43,191.24.
Trimble Inc. closed 10.41% 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 Monday, as Deere & Co. (DE) fell 3.11% to $465.83, Palantir Technologies Inc. (PLTR) fell 1.77% to $83.42, and Rockwell Automation Inc. $(ROK)$ fell 2.97% to $278.63.
Trading volume (1.9 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2025.
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(END) Dow Jones Newswires
March 03, 2025 17:10 ET (22:10 GMT)
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