Agco Crop Burning (AGCO)

Posted in pre-market 
September 16th, 2009

Agco Corp. (AGCO) is trading lower after it projected third-quarter results would be below analysts expectations based on what was weaker than expected international results. Shares are down about 7% this morning on the news.  As of 8:20 AM EST we have seen a 7% drop to $30.25 but volume is still rather light at 10,000 shares.  Average volume is 1.2 million shares.  UPDATE AT 9:15 AM EST: Shares are down 7.5% at $30.20 but on 90,000 shares.

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