Cummins Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Cummins Inc. (CMI) shed 2.11% to $229.43 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,936.97 and Dow Jones Industrial Average falling 1.63% to 32,030.11. The stock's fall snapped a two-day winning streak. Cummins Inc. closed $32.48 short of its 52-week high ($261.91), which the company achieved on March 7th.
Trading volume (730,551) remained 352,320 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
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March 22, 2023 16:46 ET (20:46 GMT)
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