Cummins Inc. Stock Falls Thursday, Underperforms Market
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Shares of Cummins Inc. (CMI) slipped 1.41% to $226.19 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. This was the stock's second consecutive day of losses. Cummins Inc. closed $35.72 below its 52-week high ($261.91), which the company achieved on March 7th.
Trading volume (956,202) remained 123,356 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 16:46 ET (20:46 GMT)
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