Caterpillar Inc. Stock Underperforms Friday When Compared To Competitors
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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.
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March 17, 2023 16:43 ET (20:43 GMT)
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