Cummins Inc. Stock Falls Thursday, Underperforms Market

enVVeno Medical Corp

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Health Care : Health Care Equipment & Supplies | Small Cap Growth

Company profile

enVVeno Medical Corporation is a med-tech company. The Company is focused on improving the standard of care in the treatment of venous disease. The Company is focused on developing tissue-based solutions that are designed for patients with chronic venous insufficiency (CVI). Its lead product, VenoValve, is a porcine based device being developed to surgically implanted in the deep venous system of the leg to treat severe CVI, including the potential to heal recurring venous leg ulcers. The VenoValve is designed to be implanted into the femoral vein of the patient in an open surgical procedure via a five-to-six-inch incision in the upper thigh. The VenoValve is being evaluated in the surgical anti-reflux venous valve endoprosthesis (SAVVE) United States clinical trial. In addition to the VenoValve, the Company is focused on the development of a second device, enVVe, for the treatment of venous disease.

Cummins Inc. Stock Falls Thursday, Underperforms Market

4:45 pm ET January 20, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Cummins Inc. (CMI) shed 1.90% to $226.72 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.10% to 4,482.73 and Dow Jones Industrial Average falling 0.89% to 34,715.39. This was the stock's third consecutive day of losses. Cummins Inc. closed $50.37 below its 52-week high ($277.09), which the company achieved on March 16th.

Despite its losses, the stock outperformed some of its competitors Thursday, as Caterpillar Inc. (CAT) fell 2.27% to $216.63, General Electric Co. (GE) fell 2.36% to $98.25, and Paccar Inc. (PCAR) fell 1.98% to $92.30.true Trading volume (1.1 M) eclipsed its 50-day average volume of 1.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 20, 2022.

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January 20, 2022 16:45 ET (21:45 GMT)