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Shares of Cummins Inc. (CMI) slid 2.08% to $231.10 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.97% to 4,532.76 and Dow Jones Industrial Average falling 0.96% to 35,028.65. This was the stock's second consecutive day of losses. Cummins Inc. closed $45.99 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 Wednesday, as Caterpillar Inc. (CAT) fell 3.10% to $221.66, General Electric Co. (GE) fell 2.21% to $100.62, and Paccar Inc. (PCAR) fell 1.89% to $94.16. Trading volume (1.2 M) eclipsed its 50-day average volume of 994,326.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2022.
(END) Dow Jones Newswires
January 19, 2022 16:45 ET (21:45 GMT)
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