Deere & Co. stock outperforms market on strong trading day

Deere & Co. stock outperforms market on strong trading day

Shares of Deere & Co. DE, +0.08% inched 0.08% higher to $408.01 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.88% falling 0.88% to 4,081.50 and Dow Jones Industrial Average DJIA, -0.73% falling 0.73% to 33,699.88. The stock’s rise snapped a two-day losing streak. Deere & Co. closed $40.39 short of its 52-week high ($448.40), which the company achieved on November 23rd.

The stock outperformed some of its competitors Thursday, as Caterpillar Inc. CAT, -1.04% fell 1.04% to $246.28, CNH Industrial N.V. CNHI, -0.19% fell 0.19% to $16.00, and Toro Co. TTC, -0.78% fell 0.78% to $109.09. Trading volume (1.3 M) remained 161,312 below its 50-day average volume of 1.4 M.

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