Caterpillar Inc. Stock Rises Thursday, Outperforms Market
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Shares of Caterpillar Inc. (CAT) rose 1.41% to $252.18 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.76% to 3,981.35 and the Dow Jones Industrial Average rising 1.05% to 33,003.57. This was the stock's second consecutive day of gains. Caterpillar Inc. closed $13.86 below its 52-week high ($266.04), which the company reached on January 27th.
The stock outperformed some of its competitors Thursday, as Deere & Co. (DE) rose 0.38% to $421.34. Trading volume (2.6 M) remained 698,107 below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 2, 2023.
(END) Dow Jones Newswires
March 02, 2023 16:43 ET (21:43 GMT)
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