Cummins Inc. Stock Rises Wednesday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Cummins Inc. (CMI) inched 0.93% higher to $218.60 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.63% to 4,709.85 and the Dow Jones Industrial Average rising 1.08% to 35,927.43. This was the stock's second consecutive day of gains. Cummins Inc. closed $58.49 short of its 52-week high ($277.09), which the company reached on March 16th.
The stock outperformed some of its competitors Wednesday, as Caterpillar Inc. (CAT) rose 0.45% to $202.55, General Electric Co. (GE) fell 0.03% to $92.08, and Paccar Inc. (PCAR) fell 0.09% to $88.09. Trading volume (985,065) eclipsed its 50-day average volume of 926,794.
Data source: Dow Jones Market Data, FactSet. Data compiled December 15, 2021.
-MarketWatch Automation
(END) Dow Jones Newswires
December 15, 2021 16:45 ET (21:45 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.