Caterpillar Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Caterpillar Inc. (CAT) rose 1.55% to $227.10 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.95% to 4,160.68 and the Dow Jones Industrial Average rising 0.80% to 33,180.14. This was the stock's fifth consecutive day of gains. Caterpillar Inc. closed $14.11 short of its 52-week high ($241.21), which the company reached on June 8th.
The stock outperformed some of its competitors Tuesday, as Deere & Co. (DE) rose 1.36% to $367.84, General Electric Co. (GE) rose 1.30% to $78.00, and Cummins Inc. (CMI) rose 1.23% to $215.26. Trading volume (1.8 M) remained 1.2 million below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 7, 2022.
(END) Dow Jones Newswires
June 07, 2022 16:42 ET (20:42 GMT)
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