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Updated · MarketWatch · May 6Cummins stock jumps 6.06% to a new 52-week high
4 articles · Updated · MarketWatch · May 6
- Shares closed at $715.76 on Wednesday, their second straight gain, as the S&P 500 rose 1.46% and the Dow added 1.24%.
- The move topped Cummins' previous 52-week peak of $689.35 set on May 5 and outpaced rivals including Caterpillar, Aptiv and Paccar.
- Trading volume reached 1.3 million shares, above the 50-day average of 844,495, underscoring strong investor interest during the broader market rally.
With insiders selling at its all-time high, has Cummins' stock outpaced its fundamental value? Beyond the 2026 truck pre-buy, can Cummins' pivot to data center power sustain its record growth?