DJ Trimble Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Trimble Inc. $(TRMB)$ slid 3.18% to $70.23 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
The stock's fall snapped a four-day winning streak.
Trimble Inc. closed $6.74 below its 52-week high ($76.97), which the company achieved on December 4th.
The stock underperformed when compared to some of its competitors Friday, as Deere & Co. (DE) fell 0.35% to $408.57 and Palantir Technologies Inc. (PLTR) fell 1.42% to $67.26.
Trading volume (1.7 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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(END) Dow Jones Newswires
January 10, 2025 17:15 ET (22:15 GMT)
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