DJ Trimble Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Trimble Inc. $(TRMB)$ rallied 4.71% to $66.30 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.43% to 5,631.28 and the Dow Jones Industrial Average rising 0.70% to 41,113.97.
The stock's rise snapped a two-day losing streak.
Trimble Inc. closed 14.76% short of its 52-week high of $77.78, which the company achieved on January 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Deere & Co. (DE) fell 0.61% to $472.40, Palantir Technologies Inc. (PLTR) rose 1.49% to $110.48, and Rockwell Automation Inc. $(ROK)$ rose 11.90% to $283.17.
Trading volume (3.2 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 7, 2025.
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(END) Dow Jones Newswires
May 07, 2025 17:14 ET (21:14 GMT)
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