Caterpillar Inc. Stock Rises Wednesday, Outperforms Market
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Shares of Caterpillar Inc. (CAT) rallied 3.81% to $248.67 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 32,661.84 and the S&P 500 Index falling 0.47% to 3,951.39. Caterpillar Inc. closed $17.37 below its 52-week high ($266.04), which the company reached on January 27th.
The stock outperformed some of its competitors Wednesday, as Deere & Co. (DE) rose 0.12% to $419.75. Trading volume (4.1 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.
(END) Dow Jones Newswires
March 01, 2023 16:43 ET (21:43 GMT)
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