Caterpillar Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Caterpillar Inc. (CAT) inched 0.67% higher to $218.71 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. Caterpillar Inc. closed $47.33 below its 52-week high ($266.04), which the company achieved on January 27th.
The stock outperformed some of its competitors Thursday, as Deere & Co. (DE) rose 0.16% to $391.11. Trading volume (3.5 M) eclipsed its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
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March 16, 2023 16:43 ET (20:43 GMT)
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