RTTNews | Dec 15, 2020 10:37AM EST

10:37 Tuesday, December 15, 2020 (RTTNews.com) - AGCO Corp. (AGCO) shares are trading higher on Tuesday morning, despite no specific announcement from the agricultural equipment distributor.

On Monday, the company has announced the election of Bob De Lange as director, effective January 1.

Currently, the shares are at $94.09, up 5.67 percent from the previous close of $89.04. For the 52-week period, the shares have traded in a range of $35.33-$99.74 on average volume of 644,476.

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