Cummins Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Cummins Inc. (CMI) rallied 1.81% to $234.35 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.41% to 4,677.03 and Dow Jones Industrial Average falling 0.01% to 36,231.66. This was the stock's second consecutive day of gains. Cummins Inc. closed $42.74 below its 52-week high ($277.09), which the company achieved on March 16th.
The stock outperformed some of its competitors Friday, as Caterpillar Inc. (CAT) rose 0.99% to $224.19, General Electric Co. (GE) rose 1.45% to $101.40, and Paccar Inc. (PCAR) fell 0.63% to $93.42. Trading volume (1.3 M) eclipsed its 50-day average volume of 982,732.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 7, 2022.
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January 07, 2022 16:45 ET (21:45 GMT)
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