DJ Trane Technologies PLC Stock Underperforms Tuesday When Compared To Competitors
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Shares of Trane Technologies PLC $(TT)$ slid 1.40% to $355.49 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.72% to 6,037.88 and the Dow Jones Industrial Average rising 0.30% to 44,556.04.
This was the stock's third consecutive day of losses.
Trane Technologies PLC closed 15.76% short of its 52-week high of $422.00, which the company reached on November 25th.
The stock underperformed when compared to some of its competitors Tuesday, as Johnson Controls International PLC $(JCI)$ rose 0.38% to $77.29, Carrier Global Corp. $(CARR)$ rose 1.16% to $63.88, and Lennox International Inc. $(LII)$ fell 0.78% to $578.37.
Trading volume (1.5 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 4, 2025.
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(END) Dow Jones Newswires
February 04, 2025 16:41 ET (21:41 GMT)
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