Published on 12 Nov 2022 on Market Watch
Trane Technologies PLC stock falls Friday, underperforms market
Shares of Trane Technologies PLC slipped 0.39% to $176.08 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. Trane Technologies PLC closed $28.15 short of its 52-week high ($204.23), which the company achieved on December 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as CRH PLC ADR rose 3.07% to $40.32, Johnson Controls International PLC fell 0.41% to $66.39, and PPG Industries Inc. rose 4.23% to $130.09. Trading volume (1.6 M) eclipsed its 50-day average volume of 1.4 M.