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Shares of Caterpillar Inc. (CAT) slipped 2.67% to $223.67 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.38% to 4,017.82 and Dow Jones Industrial Average falling 1.94% to 32,272.79. The stock's fall snapped a six-day winning streak. Caterpillar Inc. closed $14.23 below its 52-week high ($237.90), which the company achieved on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Deere & Co. (DE) fell 2.73% to $345.33, General Electric Co. (GE) fell 3.08% to $74.78, and Cummins Inc. (CMI) fell 1.07% to $211.50. Trading volume (3.0 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 9, 2022.
(END) Dow Jones Newswires
June 09, 2022 16:42 ET (20:42 GMT)
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