John Deere stock loses ground following layoff announcement - KWWL - Eastern Iowa Breaking News, Weather, Closings

John Deere stock loses ground following layoff announcement

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WATERLOO (KWWL) -

John Deere and Company stock lost ground on Friday following the announcement of approximately 460 indefinite layoffs in Waterloo and another 190 temporary layoffs in East Moline, Illinois.

After opening the day at $85.67 per share, the price started a downward trend that continued throughout the day. The stock price ended Friday at $84.76 per share, down $1.45 per share from the open.

The 52-week low is $80.76 per share. The 52-week high is $94.89 per share.

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