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Stock Weekly: Toromont Industries (TIH:CAD87.42) accelerates decline: down 3.7% in 2 weeks

Jan 08, 2021 - News Bites Canadian Markets
Board and Executive Moves-Mergers and Acquisitions-Event Announcements-Financial Results

CANADIAN WEEKLY STOCK REPORT

Toromont Industries Ltd. (TSX:TIH), Canada's largest Industrial distribution company by market cap, has decreased CAD3.38 (or 3.7%) over the past two weeks, after falling 2% in the past week and 1.8% in the week prior to that to close at CAD87.42. Compared with the S&P/TSX 60 Index which rose 23.9 points (or 2.3%) in the two weeks, this represented a relative price change of -6.0%.

The price ranged between a low of CAD85.37 on Wednesday, Jan 06 and a hig...