DJ Trimble Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Trimble Inc. $(TRMB)$ slipped 0.66% to $71.17 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
The stock's fall snapped a two-day winning streak.
Trimble Inc. closed $5.80 short of its 52-week high ($76.97), which the company achieved on December 4th.
The stock underperformed when compared to some of its competitors Monday, as Deere & Co. (DE) fell 0.03% to $432.38 and Palantir Technologies Inc. (PLTR) rose 0.17% to $80.69.
Trading volume (854,516) remained 418,646 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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(END) Dow Jones Newswires
December 23, 2024 17:17 ET (22:17 GMT)
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