Shares of Cummins Inc.
dropped 0.60% to $260.84 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.30% to 33,171.37 and the S&P 500 Index
falling 0.09% to 3,971.09. The stock’s fall snapped a three-day winning streak. Cummins Inc. closed $16.25 below its 52-week high ($277.09), which the company achieved on March 16th.
The stock underperformed when compared to some of its competitors Monday, as Caterpillar Inc.
rose 0.31% to $230.22, General Electric Co.
fell 0.31% to $12.95, and Paccar Inc.
fell 0.52% to $93.19. Trading volume (943,073) remained 167,814 below its 50-day average volume of 1.1 M.
View more information: https://www.marketwatch.com/story/cummins-inc-stock-underperforms-monday-when-compared-to-competitors-01617050735-89e7181fb83e