Cummins Inc. Stock Falls Monday, Underperforms Market
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Shares of Cummins Inc. (CMI) slumped 0.37% to $243.20 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.31% to 3,982.24 and the Dow Jones Industrial Average rising 0.22% to 32,889.09. This was the stock's fifth consecutive day of losses. Cummins Inc. closed $16.32 below its 52-week high ($259.52), which the company reached on February 17th.
Trading volume (757,695) remained 93,099 below its 50-day average volume of 850,794.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2023.
(END) Dow Jones Newswires
February 27, 2023 16:45 ET (21:45 GMT)
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