Caterpillar Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Caterpillar Inc. (CAT) inched 0.43% higher to $225.67 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.68% to 3,920.56 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. The stock's rise snapped a three-day losing streak. Caterpillar Inc. closed $40.37 below its 52-week high ($266.04), which the company achieved on January 27th.
The stock underperformed when compared to some of its competitors Tuesday, as Deere & Co. (DE) rose 1.06% to $402.45. Trading volume (3.7 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:34 ET (00:34 GMT)
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