Cummins Inc. Stock Underperforms Wednesday When Compared To Competitors

General Dynamics Corp

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Industrials : Aerospace & Defense | Large Cap Blend

Company profile

General Dynamics Corporation is a global aerospace and defense company. The Company offers a portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions, and technology products and services. The Company’s segments include Aerospace, Marine Systems, Combat Systems and Technologies. The Aerospace segment produces business jets and the standard bearer in aircraft repair, support and completion services. The Marine Systems segment designs and builds nuclear-powered submarines and offers in surface combatants and auxiliary ship design and construction for the United States Navy. The Combat Systems segment manufactures land combat solutions, including wheeled and tracked combat vehicles, weapons systems and munitions. The Technologies segment provides a spectrum of services, technologies and products to market that seeks solutions combining electronic hardware with specialized software.

Cummins Inc. Stock Underperforms Wednesday When Compared To Competitors

4:45 pm ET December 22, 2021 (MarketWatch) Print

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

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.

-MarketWatch Automation

(END) Dow Jones Newswires

December 22, 2021 16:45 ET (21:45 GMT)

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Cummins Inc. Stock Underperforms Wednesday When Compared To Competitors