Agricultural Machinery Manufacturer Shares Fall Amid Regulatory Probe and Lower Crop Prices
DE Deere & Co
$646.15 +0.39%
View chart & analysis → 
- 1The U.S. Department of Agriculture and the Federal Trade Commission announced a joint investigation into business practices in the agricultural machinery market earlier this week.
- 2AGCO Corporation and CNH Industrial shares recorded a 5% decline on Friday.
- 3Deere & Co. shares fell 4% on Friday, marking a 9% weekly decline for the company.
So what's the key point?
The U.S. government has started an investigation into trading practices within the agricultural machinery market. Following this news, shares of AGCO Corporation, CNH Industrial, and Deere & Co. declined.
Source Investing.com · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.