Shares of Caterpillar Inc. /zigman2/quotes/203434128/composite CAT +0.53% shed 3.80% to $225.73 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.42% rising 0.47% to 4,239.18 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.44% rising 0.06% to 34,466.24. This was the stock's second consecutive day of losses. Caterpillar Inc. closed $20.96 below its 52-week high ($246.69), which the company achieved on June 4th.
The stock underperformed when compared to some of its competitors Thursday, as Deere & Co. /zigman2/quotes/207941296/composite DE +1.76% fell 2.31% to $341.44, General Electric Co. /zigman2/quotes/208495069/composite GE +1.22% fell 0.73% to $13.63, and Cummins Inc. /zigman2/quotes/208385233/composite CMI +0.49% fell 1.76% to $252.24. Trading volume (6.0 M) eclipsed its 50-day average volume of 2.7 M.