DJ Deere & Co. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Deere & Co. (DE) rose 1.37% to $432.49 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
This was the stock's second consecutive day of gains.
Deere & Co. closed $36.90 below its 52-week high ($469.39), which the company reached on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Caterpillar Inc. $(CAT)$ rose 1.57% to $366.04, CNH Industrial N.V. $(CNH)$ rose 1.27% to $11.14, and Toro Co. $(TTC)$ rose 0.48% to $81.48.
Trading volume (2.4 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:41 ET (21:41 GMT)
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