Published on 30 Sep 2022 on Market Watch
Trane Technologies PLC stock falls Friday, still outperforms market
Shares of Trane Technologies PLC shed 0.79% to $144.81 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.51% to 3,585.62 and Dow Jones Industrial Average falling 1.71% to 28,725.51. This was the stock's second consecutive day of losses. Trane Technologies PLC closed $59.42 short of its 52-week high ($204.23), which the company reached on December 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as CRH PLC ADR rose 0.22% to $32.23, Johnson Controls International PLC fell 0.51% to $49.22, and PPG Industries Inc. fell 0.82% to $110.69. Trading volume (1.2 M) remained 177,140 below its 50-day average volume of 1.4 M.