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Shares of Caterpillar Inc. CAT shed 2.57% to $178.76 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.88% to 3,785.38 and Dow Jones Industrial Average DJIA falling 0.82% to 30,775.43. This was the stock's third consecutive day of losses. Caterpillar Inc. closed $59.14 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 Thursday, as Deere & Co. DE fell 0.39% to $299.47, General Electric Co. GE fell 0.03% to $63.67, and Cummins Inc. CMI fell 0.11% to $193.53. Trading volume (4.2 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 30, 2022.
(END) Dow Jones Newswires
June 30, 2022 16:42 ET (20:42 GMT)
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