Wednesday, July 31, 2019

Trimble Navigation (TRMB) Drops Prior to Reporting Quarterly Results

Trimble Navigation (TRMB) was making new 52-week highs ($46.25) dfiuring the last few months, but today (31 July 02019) it is down ~4.7% at $42.33. The volume is maybe a bit more than average.

The company reports 2Q'02019 after the market closes in an hour. Hmm... Profit taking? Or do some "insiders" know something that us "outsiders" don't know?  Regardless, our TRMB investment is small (#20 out of 29) in the GDT::Portfolio) and the stock is a hold.

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