Shares of Deere & Co. DE, -14.07% slid 4.06% to $368.67 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, +0.01% falling 4.04% to 3,923.68 and Dow Jones Industrial Average DJIA, +0.03% falling 3.57% to 31,490.07. The stock’s fall snapped a three-day winning streak. Deere & Co. closed $78.09 short of its 52-week high ($446.76), which the company achieved on April 20th.
The stock underperformed when compared to some of its competitors Wednesday, as Caterpillar Inc. CAT, -4.32% fell 2.42% to $207.94, AGCO Corp. AGCO, -6.39% fell 2.75% to $123.96, and Kubota Corp. ADR KUBTY, -0.24% fell 1.10% to $88.15. Trading volume (1.5 M) remained 322,105 below its 50-day average volume of 1.9 M.