Timken Co. (TKR) gains 2.26% for July 21

Equities Staff  |

Timken Co. (NYSE: TKR) shares gained 2.26%, or $1.72 per share, to close Wednesday at $77.82. After opening the day at $76.91, shares of Timken fluctuated between $77.86 and $76.47. 629,042 shares traded hands an increase from their 30 day average of 460,757. Wednesday's activity brought Timken’s market cap to $5,913,033,869.

Timken is headquartered in North Canton, Ohio, and employs more than 18,000 people.

About Timken Co.

The Timken Company designs a growing portfolio of engineered bearings and power transmission products. With more than a century of knowledge and innovation, Timken continuously improves the reliability and efficiency of global machinery and equipment to move the world forward. Timken posted $3.8 billion in sales in 2019 and employs more than 17,000 people globally, operating from 42 countries.

Visit Timken Co.’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Timken Co. and to follow the company’s latest updates, you can visit the company’s profile page here: Timken Co.’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Market Movers

Sponsored Financial Content