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Shares of Cummins Inc. (CMI) slumped 0.40% to $210.92 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.02% to 4,696.56 and the Dow Jones Industrial Average rising 0.74% to 35,753.89. Cummins Inc. closed $66.17 short of its 52-week high ($277.09), which the company achieved on March 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Caterpillar Inc. (CAT) rose 1.94% to $202.15, General Electric Co. (GE) rose 0.01% to $93.07, and Paccar Inc. (PCAR) rose 1.06% to $84.26. Trading volume (686,800) remained 285,827 below its 50-day average volume of 972,627.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2021.
(END) Dow Jones Newswires
December 22, 2021 16:45 ET (21:45 GMT)
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