Published on 14 Nov 2022 on Market Watch
Trane Technologies PLC stock falls Monday, underperforms market
Shares of Trane Technologies PLC slid 1.21% to $173.95 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. This was the stock's second consecutive day of losses. Trane Technologies PLC closed $30.28 below its 52-week high ($204.23), which the company reached on December 16th.
Despite its losses, the stock outperformed some of its competitors Monday, as CRH PLC ADR fell 2.48% to $39.32, Johnson Controls International PLC fell 1.22% to $65.58, and PPG Industries Inc. fell 1.64% to $127.96.true Trading volume (1.4 M) remained 14,377 below its 50-day average volume of 1.4 M.