Cummins Inc. Stock Underperforms Tuesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Cummins Inc. (CMI) shares fell 1.99% to $635.96 on Tuesday, underperforming the broader market as the S&P 500 and Dow Jones rose nearly 1.8%. This decline ended a three-day winning streak. Trading volume of 2.5 million shares significantly exceeded the 50-day average. While competitors like Caterpillar and Paccar gained, Cummins closed 13.80% below its 52-week high.
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Shares of Cummins Inc. (CMI) slipped 1.99% to $635.96 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.79% to 7,736.52 and the Dow Jones Industrial Average rising 1.71% to 54,085.88.
The stock's fall snapped a three-day winning streak.
Cummins Inc. closed 13.80% below 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 Tuesday, as Caterpillar Inc. (CAT) rose 5.60% to $876.54, Aptiv PLC (APTV) fell 16.62% to $47.72, and Paccar Inc. (PCAR) rose 2.95% to $135.96.
Trading volume (2.5 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 4, 2026.
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08-04-26 1641ET