Cato Corp. (CTR) dipped in early trade Friday and steadily declined in the final 2 hours of the afternoon. The stock finished lower by $1.98 at $15.82 on the highest volume of the year. Cato Corp. has been falling for the last week and a half and closed Friday at a 3-month low. The stock also dipped below its 200-day moving average.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.