Deere & Co. (DE) announced Tuesday morning that approximately 800 salaried employees will leave the company as a result of a voluntary separation program announced in April.
Deere & Co. gapped down at the open, but has since traded in a range. Shares have fallen in the last 10 minutes on increased volume and are now down 1.53 at $40.62. The stock may find support around $39.00 per share.
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