DJ Trimble Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Trimble Inc. $(TRMB)$ rallied 1.52% to $69.49 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
The stock's rise snapped a two-day losing streak.
Trimble Inc. closed 10.66% below its 52-week high of $77.78, which the company achieved on January 24th.
The stock underperformed when compared to some of its competitors Wednesday, as Deere & Co. (DE) rose 1.99% to $467.50, Palantir Technologies Inc. (PLTR) rose 6.79% to $90.13, and Rockwell Automation Inc. $(ROK)$ rose 2.16% to $273.66.
Trading volume (2.2 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 17:12 ET (22:12 GMT)
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