Published on 19 Nov 2022 on Market Watch
Shares of Trane Technologies PLC rallied 1.01% to $176.24 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. The stock's rise snapped a two-day losing streak. Trane Technologies PLC closed $27.99 below its 52-week high ($204.23), which the company reached on December 16th.
The stock underperformed when compared to some of its competitors Friday, as CRH PLC ADR rose 1.61% to $39.66, Johnson Controls International PLC rose 1.84% to $66.98, and PPG Industries Inc. rose 1.43% to $128.47. Trading volume (1.1 M) remained 264,461 below its 50-day average volume of 1.4 M.