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Shares of Caterpillar Inc. (CAT) advanced 2.75% to $196.62 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.21% to 4,448.98 and the Dow Jones Industrial Average rising 1.48% to 34,764.82. This was the stock's second consecutive day of gains. Caterpillar Inc. closed $50.07 short of its 52-week high ($246.69), which the company reached on June 4th.
The stock underperformed when compared to some of its competitors Thursday, as Deere & Co. (DE) rose 3.13% to $351.50, General Electric Co. (GE) rose 4.49% to $102.96, and Cummins Inc. (CMI) rose 3.03% to $228.33. Trading volume (3.4 M) remained 72,400 below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2021.
(END) Dow Jones Newswires
September 23, 2021 16:42 ET (20:42 GMT)
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