Why Caterpillar Stock Is Up Today
Caterpillar(CAT) The Motley Fool·2024-04-05 18:40Progress Rail Services is going to Canada.An effort by Caterpillar (CAT 2.79%) to help the railroad industry stem its emissions got a boost Friday, and its stock price is going along for the ride. Shares of the heavy equipment manufacturer were up by 3% as of 2 p.m. ET after Canadian National Railway (CNI 0.39%) announced the purchase of its first hybrid mainline locomotive.Charging into a new marketCaterpillar is best known for its massive construction and mining machines, but for nearly a decade, it has a ...