Caterpillar Inc. Stock Falls Tuesday, Still Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Caterpillar Inc. (CAT) dropped 0.18% to $239.55 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.30% to 3,970.15 and Dow Jones Industrial Average falling 0.71% to 32,656.70. Caterpillar Inc. closed $26.49 short of its 52-week high ($266.04), which the company achieved on January 27th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Deere & Co. (DE) fell 0.57% to $419.24. Trading volume (2.6 M) remained 705,948 below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2023.
(END) Dow Jones Newswires
February 28, 2023 16:43 ET (21:43 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.