Cummins Inc. (CMI) has demonstrated both highs and lows recently. The company inked a lease for 1 million square feet at Mohr Logistics Park and announced a $580M project at its Rocky Mount Engine Plant. Their stock performance has been erratic, yet overall outperformed the market on multiple occasions. Despite missing Q4 earnings, the firm surpassed Q1 earnings and revenue estimates. Selling of shares by senior executives led to speculations. CMI is gearing towards a future in clean energy, as seen by their partnership for hydrogen engines. Nevertheless, the company is grappling with a huge regulatory fine under the Clean Air Act.
Cummins CMI News Analytics from Fri, 27 Oct 2023 07:00:00 GMT to Thu, 09 May 2024 14:04:32 GMT -
Rating 6
- Innovation -2
- Information 8
- Rumor -5
