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Shares of Caterpillar Inc. CAT rose 3.82% to $185.49 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 3.06% to 3,911.74 and the Dow Jones Industrial Average DJIA rising 2.68% to 31,500.68. The stock's rise snapped a two-day losing streak. Caterpillar Inc. closed $52.41 short of its 52-week high ($237.90), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Friday, as Deere & Co. DE rose 4.49% to $310.87, General Electric Co. GE rose 4.70% to $67.08, and Cummins Inc. CMI rose 4.91% to $195.02. Trading volume (4.9 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 24, 2022.
(END) Dow Jones Newswires
June 24, 2022 16:42 ET (20:42 GMT)
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