Rockwell Automation Inc. stock falls Wednesday, underperforms market

Shares of Rockwell Automation Inc.

sank 0.66% to $348.45 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index

rising 0.31% to 4,701.21 and the Dow Jones Industrial Average

rising 0.10% to 35,754.75. Rockwell Automation Inc. closed $4.98 short of its 52-week high ($353.43), which the company achieved on November 22nd.

The stock underperformed when compared to some of its competitors Wednesday, as Emerson Electric Co.

rose 0.27% to $92.48. Trading volume (450,681) remained 90,893 below its 50-day average volume of 541,574.

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