Eaton Corp. PLC Stock Rises 7.3%, Outperforms Peers

Dow Jones08-01 04:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Eaton Corp. PLC rose 7.3% to $415.20 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,489.72 and the Dow Jones Industrial Average rising 0.5% to 52,485.03.

This was the stock's second consecutive day of gains.

Eaton Corp. PLC closed 4.9% below its 52-week high of $436.74, which the company achieved on June 22nd.

The stock outperformed some of its peers, as GE Aerospace rose 1.4% to $360.07, Emerson Electric Co. rose 0.8% to $149.82, and TE Connectivity PLC fell 0.43% to $205.69.

Trading volume totaled 4.3 million, compared to the 50-day average of 2.4 million.

Data source: Dow Jones Market Data, FactSet

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