DJ Emerson Electric Co. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Emerson Electric Co. $(EMR)$ rose 1.23% to $130.44 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,071.17 and the Dow Jones Industrial Average rising 0.38% to 44,882.13.
Emerson Electric Co. closed 3.27% below its 52-week high of $134.85, which the company achieved on December 4th.
The stock underperformed when compared to some of its competitors Thursday, as Honeywell International Inc. $(HON)$ rose 1.36% to $224.06, GE Aerospace $(GE)$ rose 3.25% to $205.57, and Eaton Corp. PLC $(ETN)$ rose 2.99% to $327.10.
Trading volume (2.4 M) remained 527,096 below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 30, 2025.
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(END) Dow Jones Newswires
January 30, 2025 16:42 ET (21:42 GMT)
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