Cummins Inc. Stock Falls Thursday, Underperforms Market
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Shares of Cummins Inc. (CMI) slipped 0.33% to $247.66 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 4,012.32 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. This was the stock's third consecutive day of losses. Cummins Inc. closed $11.86 short of its 52-week high ($259.52), which the company reached on February 17th.
Trading volume (714,546) remained 136,673 below its 50-day average volume of 851,219.
Data source: Dow Jones Market Data, FactSet. Data compiled February 23, 2023.
(END) Dow Jones Newswires
February 23, 2023 16:45 ET (21:45 GMT)
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