DJ Caterpillar Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Caterpillar Inc. $(CAT)$ slipped 1.51% to $387.07 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's second consecutive day of losses.
Caterpillar Inc. closed $31.43 short of its 52-week high ($418.50), which the company achieved on November 7th.
The stock underperformed when compared to some of its competitors Wednesday, as Deere & Co. (DE) fell 1.09% to $389.45.
Trading volume (2.0 M) remained 435,886 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 16:37 ET (21:37 GMT)
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