Trimble Shares Fall 12% After Soft 4Q Outlook, Lowered Annual Revenue Guidance

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By Will Feuer

Shares of Trimble fell after the industrial-technology company issued a bleak outlook for the current quarter and lowered its full-year revenue forecast.

The stock slipped 12% to $41.61 in morning trading, on pace for its lowest close since 2020. Shares are down almost 18% this year.

The…

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