Deere plunges deepest since 2008 on supply chain grunts and inflation

Deere plunges deepest since 2008 on supply chain grunts and inflation

(Bloomberg) – Deere & Co. slipped the most in 14 years after the world’s largest farm equipment maker was the last major U.S. company battered by supply chain issues and rising inflation. Bloomberg’s Most Read Shares fell 14% on Friday, wiping out a record market capitalization of $15.7 billion after the company posted disappointing quarterly …

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