17 Hrs
Source:
المشهد العربي
Caterpillar stock nears 30% decline
Caterpillar's stock has been declining and approaching a near 30% loss from its record high reached in June, affected by rising oil prices, government bond yields, and a slowdown in the AI infrastructure sector. The stock dropped by 2.87% to $750.57, even though it has gained about 30% since the beginning of the year, with investor confidence in the company's future remaining strong.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)