DJ Trimble Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Trimble Inc. $(TRMB)$ shed 1.12% to $74.12 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,994.57 and Dow Jones Industrial Average falling 0.28% to 44,421.91.
This was the stock's second consecutive day of losses.
Trimble Inc. closed 4.71% short of 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) fell 2.00% to $467.05, Palantir Technologies Inc. (PLTR) rose 1.52% to $83.74, and Rockwell Automation Inc. $(ROK)$ fell 2.65% to $271.05.
Trading volume (1.6 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
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(END) Dow Jones Newswires
February 03, 2025 17:11 ET (22:11 GMT)
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