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Shares of Cummins Inc. (CMI) slid 0.65% to $236.00 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.84% to 4,577.11 and Dow Jones Industrial Average falling 1.51% to 35,368.47. The stock's fall snapped a two-day winning streak. Cummins Inc. closed $41.09 short of its 52-week high ($277.09), which the company reached on March 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Caterpillar Inc. (CAT) rose 0.41% to $229.87, General Electric Co. (GE) fell 0.26% to $102.89, and Paccar Inc. (PCAR) fell 0.55% to $95.97. Trading volume (1.2 M) eclipsed its 50-day average volume of 984,471.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2022.
(END) Dow Jones Newswires
January 18, 2022 16:45 ET (21:45 GMT)
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