Caterpillar Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Caterpillar Inc. (CAT) dropped 0.52% to $253.98 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.07% to 4,048.42 and the Dow Jones Industrial Average rising 0.12% to 33,431.44. The stock's fall snapped a three-day winning streak. Caterpillar Inc. closed $12.06 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 Monday, as Deere & Co. (DE) fell 1.06% to $425.71. Trading volume (2.3 M) remained 907,558 below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2023.
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March 06, 2023 16:43 ET (21:43 GMT)
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