Here's Why Caterpillar (CAT) Gained But Lagged the Market Today
Caterpillar(CAT) ZACKS·2024-06-13 06:50
The latest trading session saw Caterpillar (CAT) ending at $328.73, denoting a +0.43% adjustment from its last day's close. This change lagged the S&P 500's 0.85% gain on the day. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq gained 1.53%.Heading into today, shares of the construction equipment company had lost 8.62% over the past month, lagging the Industrial Products sector's loss of 5.33% and the S&P 500's gain of 3.11% in that time.The investment community will be paying close attentio ...