DJ Trimble Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Trimble Inc. $(TRMB)$ inched 0.07% higher to $70.74 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
The stock's rise snapped a two-day losing streak.
Trimble Inc. closed $6.23 below its 52-week high ($76.97), which the company achieved on December 4th.
The stock underperformed when compared to some of its competitors Thursday, as Deere & Co. (DE) rose 0.15% to $426.63 and Palantir Technologies Inc. (PLTR) rose 3.78% to $74.21.
Trading volume (1.4 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:17 ET (22:17 GMT)
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