Cummins Inc. Stock Rises Friday, Outperforms Market
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Shares of Cummins Inc. (CMI) inched 0.14% higher to $218.14 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.26% to 4,766.18 and Dow Jones Industrial Average falling 0.16% to 36,338.30. Cummins Inc. closed $58.95 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 Friday, as Caterpillar Inc. (CAT) rose 0.32% to $206.74, General Electric Co. (GE) fell 0.24% to $94.47, and Paccar Inc. (PCAR) rose 0.96% to $88.26. Trading volume (668,126) remained 280,138 below its 50-day average volume of 948,264.
Data source: Dow Jones Market Data, FactSet. Data compiled December 31, 2021.
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December 31, 2021 16:45 ET (21:45 GMT)
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