Market Movers rounded up the latest reactions to Caterpillar from investors and analysts. The pros, including Jim Cramer , discussed the industrial giant after it reported third-quarter results that beat on the top and bottom lines. Caterpillar’s stock dipped Tuesday though after management said fourth-quarter revenue would be “slightly” above this same quarter last year . Caterpillar closed the trading session down 6.7% and is currently held in Cramer’s Charitable Trust portfolio.
Source link: https://www.cnbc.com/2023/10/31/caterpillar-falls-after-sharing-q4-revenue-outlook-what-the-pros-say.html