Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Caterpillar (CAT) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 1.0%. By the end of trading, Caterpillar fell $1.85 (-2.0%) to $90.62 on heavy volume. Throughout the day, 8,079,318 shares of Caterpillar exchanged hands as compared to its average daily volume of 5,213,300 shares. The stock ranged in price between $90.29-$91.96 after having opened the day at $91.31 as compared to the previous trading day's close of $92.47. Other companies within the Industrial industry that declined today were: THT Heat Transfer Technology (THTI), down 13.5%, Chase Corporation (CCF), down 6.4%, IntriCon Corporation (IIN), down 5.5% and Proto Labs (PRLB), down 5.4%.
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