Cummins Inc
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Industrials : Machinery | Mid Cap Blend
Company profile

Cummins Inc. designs, manufactures, distributes and services diesel and natural gas, electric and hybrid powertrains and powertrain-related components. It is also a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. Engine segment manufactures and markets a range of diesel and natural gas-powered engines under the Cummins brand name, as well as certain customer brand names, for the heavy and medium-duty truck. The Distribution segment consists of sales and support of a range of products and services. including power generation systems, high-horsepower engines, and heavy-duty and medium-duty engines. The Components segment supplies products, including aftertreatment systems, turbochargers, filtration products, electronics and fuel systems. The Power Systems segment consists of businesses, including power generation, industrial and generator technologies. The New Power segment focuses on hydrogen production and electric drive systems.

Closing Price
$250.90
Day's Change
-5.21 (-2.03%)
Bid
--
Ask
--
B/A Size
--
Day's High
257.69
Day's Low
249.25
Volume
(Heavy Day)
Volume:
1,267,730

10-day average volume:
863,741
1,267,730

MONDAY DEADLINE ALERT: The Schall Law Firm Encourages Investors in Palantir Technologies Inc. with Losses of $500,000 to Contact the Firm

8:54 am ET November 11, 2022 (Newsfile) Print

Los Angeles, California--(Newsfile Corp. - November 11, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Palantir Technologies Inc. ("Palantir" or "the Company") (NYSE: PLTR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between February 16, 2021 and May 6, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before November 14, 2022.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Palantir's earnings per share ("EPS") results suffered due to the Company's investments in marketable securities. The Company overstated the growth and sustainability prospects of its government business. The Company suffered from a marked slowdown in revenue growth despite ongoing global conflicts. The Company was likely to miss consensus estimates of EPS for the first quarter of 2022. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Palantir, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

info@schallfirm.com

SOURCE:

The Schall Law Firm

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/143939

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COMTEX_418633927/2523/2022-11-11T08:54:23

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