Cummins Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Cummins Inc. (CMI) shed 0.40% to $217.84 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.30% to 4,778.73 and Dow Jones Industrial Average falling 0.25% to 36,398.08. The stock's fall snapped a four-day winning streak. Cummins Inc. closed $59.25 short of 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 Thursday, as Caterpillar Inc. (CAT) fell 0.60% to $206.08, General Electric Co. (GE) fell 0.09% to $94.70, and Paccar Inc. (PCAR) fell 0.24% to $87.42. Trading volume (444,166) remained 513,367 below its 50-day average volume of 957,533.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2021.
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December 30, 2021 16:45 ET (21:45 GMT)
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