Caterpillar Shares Fall on July Sales Report
Caterpillar shares were dropping Thursday following its July retail machine sales report
Caterpillar (CAT) - Get Report shares were dropping Thursday following its July retail machine sales report. Sales in the company's global resource industries were down 42% year-over-year, according to a Securities and Exchange Commission filing. Construction industries were down 10%, while retail machine sales were down 19% compared to the year prior. Caterpillar stock has gained nearly 24% year-to-date.
