DJ Emerson Electric Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Emerson Electric Co. $(EMR)$ shed 2.29% to $124.76 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.39% to 6,061.48 and the Dow Jones Industrial Average rising 0.71% to 44,873.28.
This was the stock's fourth consecutive day of losses.
Emerson Electric Co. closed 7.48% short of its 52-week high of $134.85, which the company achieved on December 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Honeywell International Inc. $(HON)$ fell 0.54% to $222.35, GE Aerospace $(GE)$ rose 1.19% to $204.58, and Eaton Corp. PLC $(ETN)$ rose 0.17% to $315.25.
Trading volume (4.8 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 5, 2025.
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(END) Dow Jones Newswires
February 05, 2025 16:43 ET (21:43 GMT)
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