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Cat Stock Blog

Caterpillar Inc. (NYSE:CAT) stock news and links


Today’s close: down .26%

Visions of infrastructure spending keep dancing on the horizon for Caterpillar investors, who saw Friday’s close lop 7 percent off last Friday’s 33.28 finish. Full quote at Yahoo Finance.

The indexes finished a notch lower: Dow, down 1.04%; Nasdaq, down 0.48%; S&P 500, down 8.35. Wrap-up at Market Watch.

Cat’s volume of 10 million shares is about a third below average; maybe the bear’s found better-tasting berries to much on. While Cat outperformed the indexes, it also closed within a dime of its low for the day. Given the thrashing Terex took yesterday, I wouldn’t look to Deere for good cheer next week.

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Tom Mangan posted at 1:25 pm February 13th, 2009 |

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