Stock of Deere jumped more than 5% Wednesday after it reported fiscal-fourth-quarter numbers. Shares were down in Friday trading, but earnings, or the outlook management offered Wednesday, aren’t the reason.
Deere (ticker: DE) stock was off 2.3% Friday. The S&P 500 and Dow Jones Industrial Average are fell 2.3% and 2.5%, respectively. A new Covid variant discovered in South Africa is roiling markets worldwide.
That’s…
