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Cummins Inc. Stock Underperforms Friday When Compared To Competitors

4:45 pm ET December 17, 2021 (MarketWatch)

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Cummins Inc. (CMI) slid 3.33% to $211.03 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.03% to 4,620.64 and Dow Jones Industrial Average falling 1.48% to 35,365.44. This was the stock's second consecutive day of losses. Cummins Inc. closed $66.06 short of its 52-week high ($277.09), which the company reached on March 16th.

The stock underperformed when compared to some of its competitors Friday, as Caterpillar Inc. (CAT) fell 2.33% to $201.37, General Electric Co. (GE) fell 1.17% to $91.45, and Paccar Inc. (PCAR) fell 2.81% to $83.50. Trading volume (2.4 M) eclipsed its 50-day average volume of 926,037.

Data source: Dow Jones Market Data, FactSet. Data compiled December 17, 2021.

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(END) Dow Jones Newswires

December 17, 2021 16:45 ET (21:45 GMT)

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