Rockwell Automation Inc. stock outperforms market despite losses on the day

Shares of Rockwell Automation Inc.

sank 0.71% to $348.87 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index

falling 0.87% to 4,668.67 and Dow Jones Industrial Average

falling 0.08% to 35,897.64. Rockwell Automation Inc. closed $4.96 below its 52-week high ($353.83), which the company reached on December 13th.

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

rose 1.25% to $93.89. Trading volume (536,391) remained 15,545 below its 50-day average volume of 551,936.

Source link

Share this!