Previous close | 1.6600 |
Open | 1.6600 |
Bid | 2.2800 |
Ask | 2.4400 |
Strike | 330.00 |
Expiry date | 2024-08-16 |
Day's range | 1.6600 - 1.6600 |
Contract range | N/A |
Volume | |
Open interest | 20 |
Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. Deere confirmed Monday that the production positions being cut are concentrated at two factories in Iowa and one at its home base in Moline, Illinois, where 280 employees will be laid off effective Aug. 30. A combined 310 workers will be let go at the Iowa locations.
Citi analyst Kyle Menges launched coverage of several U.S. machinery stocks. He has a Buy rating on Caterpillar stock, and a Hold rating on Deere’s.
In the most recent trading session, Deere (DE) closed at $378.17, indicating a +0.83% shift from the previous trading day.