DJ Trimble Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Trimble Inc. $(TRMB)$ slipped 1.89% to $75.96 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.65% to 44,713.58 and the S&P 500 Index falling 1.46% to 6,012.28.
This was the stock's second consecutive day of losses.
Trimble Inc. closed 2.34% below its 52-week high of $77.78, which the company reached on January 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Deere & Co. (DE) rose 1.12% to $484.15 and Palantir Technologies Inc. (PLTR) fell 4.48% to $75.44.
Trading volume (2.0 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 27, 2025.
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(END) Dow Jones Newswires
January 27, 2025 17:09 ET (22:09 GMT)
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