Caterpillar stock recovers magnificently after getting slammed for Q3 results
CAT stock sinks more than 5% before recovering completely. Caterpillar earned $5.17 per share in Q3 on revenue of $16.1 billion. A downturn in equipent sales to end users pushed sales lower YoY. Q4 outlook now looks less rosy as management sees construction weakness. Caterpillar (CAT) stock is turning that frown upside down as they…