Caterpillar Inc. Stock Slips 9.3%, Underperforms Peers

Dow Jones04:34

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Caterpillar Inc. shed 9.3% to $647.39 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,720.39 and Dow Jones Industrial Average falling 0.3% to 52,342.56.

The stock's fall snapped a three-day winning streak.

Caterpillar Inc. closed 39.7% below its 52-week high of $1,073.46, which the company achieved on June 30th.

The stock underperformed when compared to some of its peers, as Deere & Co. rose 3.0% to $660.00, Toro Co. rose 2.5% to $107.38.

Trading volume totaled 8.1 million, compared to the 50-day average of 2.5 million.

Data source: Dow Jones Market Data, FactSet

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