Cummins Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Cummins Inc. (CMI) inched 0.64% higher to $219.53 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.64% to 4,796.56 and the Dow Jones Industrial Average rising 0.68% to 36,585.06. This was the stock's second consecutive day of gains. Cummins Inc. closed $57.56 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 Monday, as Caterpillar Inc. (CAT) rose 0.13% to $207.00, General Electric Co. (GE) rose 1.87% to $96.24, and Paccar Inc. (PCAR) rose 0.25% to $88.48. Trading volume (861,851) remained 99,776 below its 50-day average volume of 961,627.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2022.
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January 03, 2022 16:45 ET (21:45 GMT)
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