Caterpillar Inc. Stock Rises Wednesday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Caterpillar Inc. (CAT) rose 1.19% to $229.80 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.08% to 4,115.77 and Dow Jones Industrial Average falling 0.81% to 32,910.90. This was the stock's sixth consecutive day of gains. Caterpillar Inc. closed $9.39 short of its 52-week high ($239.19), which the company reached on June 9th.
The stock outperformed some of its competitors Wednesday, as Deere & Co. (DE) fell 3.49% to $355.02, General Electric Co. (GE) fell 1.08% to $77.16, and Cummins Inc. (CMI) fell 0.69% to $213.78. Trading volume (4.2 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2022.
(END) Dow Jones Newswires
June 08, 2022 16:42 ET (20:42 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.