Cummins Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Cummins Inc. (CMI) rose 2.30% to $211.76 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.78% to 4,649.23 and the Dow Jones Industrial Average rising 1.60% to 35,492.70. The stock's rise snapped a three-day losing streak. Cummins Inc. closed $65.33 short of its 52-week high ($277.09), which the company reached on March 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Caterpillar Inc. (CAT) rose 1.46% to $198.31, General Electric Co. (GE) rose 3.42% to $93.06, and Paccar Inc. (PCAR) rose 1.53% to $83.38. Trading volume (1.0 M) eclipsed its 50-day average volume of 969,181.
Data source: Dow Jones Market Data, FactSet. Data compiled December 21, 2021.
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December 21, 2021 16:45 ET (21:45 GMT)
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