Caterpillar – Caterpillar Inc. stock falls Tuesday, underperforms market
Shares of Caterpillar Inc.
slipped 0.10% to $230.34 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.01% to 33,984.93 and the S&P 500 Index
falling 0.02% to 4,186.72. The stock’s fall snapped a two-day winning streak. Caterpillar Inc. closed $7.44 below its 52-week high ($237.78), which the company reached on March 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Deere & Co.
rose 0.50% to $382.36, General Electric Co.
fell 0.59% to $13.49, and Cummins Inc.
fell 0.47% to $257.83. Trading volume (1.9 M) remained 1.3 million below its 50-day average volume of 3.2 M.