Eaton Corp. PLC Stock Slips 5.3%, Underperforms Peers

Dow Jones04:35

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

Shares of Eaton Corp. PLC shed 5.3% to $431.33 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,691.76 and Dow Jones Industrial Average falling 0.2% to 53,343.40.

Eaton Corp. PLC closed 9.8% short of its 52-week high of $478.00, which the company reached on August 12th.

The stock demonstrated a mixed performance when compared to some of its peers, as GE Aerospace rose 1.5% to $375.09, Emerson Electric Co. fell 2.6% to $157.78, and TE Connectivity PLC fell 5.71% to $204.97.

Trading volume totaled 2.1 million, compared to the 50-day average of 2.4 million.

Data source: Dow Jones Market Data, FactSet

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