AGCO Corp (AGCO): Today's Featured Industrial Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.AGCO (AGCO) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.1%. By the end of trading, AGCO fell $1.38 (-2.4%) to $56.24 on heavy volume. Throughout the day, 1,778,172 shares of AGCO exchanged hands as compared to its average daily volume of 925,100 shares. The stock ranged in price between $56.14-$57.85 after having opened the day at $57.43 as compared to the previous trading day's close of $57.62. Other companies within the Industrial industry that declined today were: Cleantech Solutions International (CLNT), down 9.8%, Compx International (CIX), down 8.6%, Global-Tech Advanced Innovations (GAI), down 6.9% and China Recycling Energy Corporation (CREG), down 6.5%.
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