Cummins Shares Tumble 3.19% as $290M Volume Ranks 449th in U.S. Markets Amid Supply Chain Woes and Hydrogen Delays

Cummins Inc. (CMI) closed 10/10/2025 at a 3.19% decline, with a trading volume of $290 million, ranking 449th in U.S. equity volume. The selloff came amid mixed signals from its clean energy initiatives and supply chain challenges. Analysts noted short-term technical weakness as the stock tested key support levels following a broader sector correction in industrial equipment manufacturers.

Recent developments highlighted Cummins’ strategic pivot toward hydrogen-powered engine technology, with production timelines delayed by 6-12 months due to supplier bottlenecks. While the company reaffirmed long-term EBIT margin expansion targets of 18-20% by 2028, near-term concerns over inventory management and cash conversion cycles have pressured investor sentiment. Short interest rose 12% in the past fortnight, indicating growing bearish positioning.

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