Cummins Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Cummins Inc. (CMI) inched 0.55% higher to $218.72 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.14% to 4,793.06 and the Dow Jones Industrial Average rising 0.25% to 36,488.63. This was the stock's fourth consecutive day of gains. Cummins Inc. closed $58.37 below its 52-week high ($277.09), which the company achieved on March 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Caterpillar Inc. (CAT) rose 0.34% to $207.33, General Electric Co. (GE) fell 0.54% to $94.79, and Paccar Inc. (PCAR) rose 0.84% to $87.63. Trading volume (555,841) remained 405,953 below its 50-day average volume of 961,794.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2021.
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December 29, 2021 16:45 ET (21:45 GMT)
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