DJ Deere & Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of Deere & Co. (DE) advanced 8.05% to $437.54 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 5,948.71 and the Dow Jones Industrial Average rising 1.06% to 43,870.35.
This was the stock's second consecutive day of gains.
Deere & Co. hit a new 52-week high, surpassing its previous peak of $420.47, which the company reached on October 1st.
The stock outperformed some of its competitors Thursday, as Caterpillar Inc. $(CAT)$ rose 2.12% to $389.59, CNH Industrial N.V. $(CNH)$ rose 4.56% to $11.92, and Toro Co. $(TTC)$ rose 2.37% to $83.81.
Trading volume (4.1 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2024.
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(END) Dow Jones Newswires
November 21, 2024 16:42 ET (21:42 GMT)
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