Caterpillar – Caterpillar Inc. stock rises Friday, outperforms market
Shares of Caterpillar Inc.
advanced 1.65% to $240.99 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.74% to 4,232.60 and the Dow Jones Industrial Average
rising 0.66% to 34,777.76. Caterpillar Inc. hit a new 52-week high, surpassing its previous peak of $240.98, which the company reached on May 6th.
The stock outperformed some of its competitors Friday, as Deere & Co.
rose 1.11% to $394.22, General Electric Co.
rose 0.68% to $13.30, and Cummins Inc.
rose 0.17% to $266.39. Trading volume (3.3 M) eclipsed its 50-day average volume of 3.1 M.