Caterpillar Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Caterpillar Inc. (CAT) rallied 2.09% to $224.92 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,002.87 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. This was the stock's second consecutive day of gains. Caterpillar Inc. closed $41.12 short of its 52-week high ($266.04), which the company achieved on January 27th.
The stock outperformed some of its competitors Tuesday, as Deere & Co. (DE) rose 2.05% to $402.59. Trading volume (3.1 M) remained 475,822 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 16:43 ET (20:43 GMT)
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