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Shares of Caterpillar Inc. (CAT) slipped 3.80% to $215.18 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.91% to 3,900.86 and Dow Jones Industrial Average falling 2.73% to 31,392.79. This was the stock's second consecutive day of losses. Caterpillar Inc. closed $22.72 short of its 52-week high ($237.90), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Deere & Co. (DE) fell 2.92% to $335.23, General Electric Co. (GE) fell 4.75% to $71.23, and Cummins Inc. (CMI) fell 2.84% to $205.50. Trading volume (2.6 M) remained 435,843 below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 10, 2022.
(END) Dow Jones Newswires
June 10, 2022 16:42 ET (20:42 GMT)
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