Industrial equipment and component manufacturer Deere (DE) has mainly been hamstrung for the last month. On October 14, production workers stepped off the line and went on strike. Two attempts to produce a new contract for striking workers failed. Now, a third attempt has taken the stage and is bringing fresh hope that Deere will get back to production directly. Though the labor troubles are disconcerting, I'm bullish on Deere overall. (See Analysts' Top Stocks on TipRanks) Looking at Deere's stock charts for the year, one almost wouldn't know the company has been having labor troubles. The company spent most of the first quarter of 2021 on an upward cant.
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Deere (NYSE:DE)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Deere Charts.
Deere (NYSE:DE)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Deere Charts.