Caterpillar Inc. Stock Underperforms Friday When Compared To Competitors

Tennant Co

Change company Symbol lookup

Select an option...

TNC Tennant Co

CVX Chevron Corp

ACGLO Arch Capital Group Ltd

AAPL Apple Inc

BCSF Bain Capital Specialty Finance Inc

HPE Hewlett Packard Enterprise Co

CCRN Cross Country Healthcare Inc

WEJO Wejo Group Ltd

AZYO Aziyo Biologics Inc

AMED Amedisys Inc

Industrials : Machinery | Small Cap Blend

Company profile

Tennant Company is engaged in designing, manufacturing and marketing solutions. The Company’s products include floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in factories and warehouses; distribution centers; office buildings; public venues, such as arenas and stadiums; schools and universities; hospitals and clinics and other. The Company markets its offerings under various brands: Tennant , Nobles , Alfa Uma Empresa Tennant, IRIS , VLX, IPC brands, Gaomei and Rongen brands, as well as private-label brands. The Company has manufacturing locations and operations in three geographic areas, including the Americas, Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC).

Caterpillar Inc. Stock Underperforms Friday When Compared To Competitors

4:43 pm ET March 17, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Caterpillar Inc. (CAT) shed 1.69% to $215.01 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. Caterpillar Inc. closed $51.03 below its 52-week high ($266.04), which the company reached on January 27th.

The stock underperformed when compared to some of its competitors Friday, as Deere & Co. (DE) fell 1.43% to $385.50. Trading volume (7.0 M) eclipsed its 50-day average volume of 3.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 17, 2023 16:43 ET (20:43 GMT)