Deere's Trading Volume Surges 58.48% to $668 Million, Ranked 135th Amid Legal Battle with FTC

On June 16, 2025, Deere's trading volume reached $668 million, marking a 58.48% increase from the previous day. This surge placed Deere at the 135th position in terms of trading volume for the day. Deere's stock price rose by 2.91%.

Deere, the agricultural equipment giant, is facing a significant legal challenge as a federal judge has ruled that the company must face a lawsuit filed by the U.S. Federal Trade Commission (FTC). The lawsuit alleges that Deere's practices force farmers to use its authorized dealer network, leading to increased repair costs and limiting competition. This legal battle is expected to proceed to trial later this year, posing a potential threat to Deere's business model and financial performance.

The FTC's lawsuit centers on Deere's right-to-repair policies, which critics argue create an anti-competitive monopoly. The judge's decision to deny Deere's motion to dismiss the case means that the company will have to defend its practices in court. This legal battle could have far-reaching implications for Deere's operations and its relationship with farmers, who are increasingly advocating for the right to repair their own equipment.