Shares of Cummins Inc. /zigman2/quotes/208385233/composite CMI -0.24% slid 1.76% to $252.24 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 +0.85% rising 0.47% to 4,239.18 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.55% rising 0.06% to 34,466.24. This was the stock's second consecutive day of losses. Cummins Inc. closed $24.85 short of its 52-week high ($277.09), which the company achieved on March 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Caterpillar Inc. /zigman2/quotes/203434128/composite CAT -0.38% fell 3.80% to $225.73, General Electric Co. /zigman2/quotes/208495069/composite GE +0.04% fell 0.73% to $13.63, and Paccar Inc. /zigman2/quotes/207923670/composite PCAR +0.14% fell 0.95% to $91.71. Trading volume (1.1 M) eclipsed its 50-day average volume of 955,330.