DJ Emerson Electric Co. Stock Underperforms Thursday When Compared To Competitors
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Shares of Emerson Electric Co. $(EMR)$ slipped 1.91% to $112.49 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.74% to 5,267.84 and Dow Jones Industrial Average falling 1.53% to 39,065.26.
Emerson Electric Co. closed $4.27 short of its 52-week high ($116.76), which the company reached on May 10th.
The stock underperformed when compared to some of its competitors Thursday, as Honeywell International Inc. $(HON)$ fell 1.68% to $199.39.
Trading volume (2.6 M) remained 38,146 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2024.
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(END) Dow Jones Newswires
May 23, 2024 16:48 ET (20:48 GMT)
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