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Shares of Caterpillar Inc. CAT sank 0.26% to $178.29 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.06% to 3,825.33 and the Dow Jones Industrial Average DJIA rising 1.05% to 31,097.26. This was the stock's fourth consecutive day of losses. Caterpillar Inc. closed $59.61 below 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 0.72% to $301.63, General Electric Co. GE fell 0.20% to $63.54, and Cummins Inc. CMI rose 0.30% to $194.11. Trading volume (3.4 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 1, 2022.
(END) Dow Jones Newswires
July 01, 2022 16:42 ET (20:42 GMT)
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