Cummins Inc. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.Cummins Inc. (CMI) shares fell 5.55% to $606.00, marking its fourth consecutive day of losses and closing 17.86% below its 52-week high. Despite the decline, CMI outperformed competitors like Caterpillar and Paccar during a broader market downturn where the S&P 500 and Dow Jones dropped significantly. Trading volume exceeded the 50-day average.
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Shares of Cummins Inc. (CMI) shed 5.55% to $606.00 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.52% to 7,316.15 and Dow Jones Industrial Average falling 2.19% to 51,594.14.
This was the stock's fourth consecutive day of losses.
Cummins Inc. closed 17.86% short of its 52-week high of $737.76, which the company reached on June 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Caterpillar Inc. (CAT) fell 6.91% to $782.71, Aptiv PLC (APTV) fell 2.41% to $57.97, and Paccar Inc. (PCAR) fell 3.14% to $133.87.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2026.
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