Boston Properties Inc. Stock Rises Friday, Still Underperforms Market

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Industrials : Machinery | Mid Cap Blend

Company profile

Cummins Inc. designs, manufactures, distributes and services diesel and natural gas, electric and hybrid powertrains and powertrain-related components. It is also a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. Engine segment manufactures and markets a range of diesel and natural gas-powered engines under the Cummins brand name, as well as certain customer brand names, for the heavy and medium-duty truck. The Distribution segment consists of sales and support of a range of products and services. including power generation systems, high-horsepower engines, and heavy-duty and medium-duty engines. The Components segment supplies products, including aftertreatment systems, turbochargers, filtration products, electronics and fuel systems. The Power Systems segment consists of businesses, including power generation, industrial and generator technologies. The New Power segment focuses on hydrogen production and electric drive systems.

Boston Properties Inc. Stock Rises Friday, Still Underperforms Market

4:41 pm ET November 18, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Boston Properties Inc. (BXP) inched 0.38% higher to $70.89 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. The stock's rise snapped a four-day losing streak. Boston Properties Inc. closed $62.22 below its 52-week high ($133.11), which the company reached on March 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Digital Realty Trust Inc. (DLR) rose 1.07% to $110.46 and Vornado Realty Trust (VNO) fell 0.29% to $23.98. Trading volume (1.8 M) eclipsed its 50-day average volume of 1.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.

(END) Dow Jones Newswires

November 18, 2022 16:41 ET (21:41 GMT)