Rockwell Automation Inc. stock underperforms Tuesday when compared to competitors despite daily gains
- Shares of Rockwell Automation Inc. rallied 1.06% on Tuesday.
- This was the stock’s third consecutive day of gains.
- The stock underperformed when compared to some of its competitors, such as Honeywell International Inc., which rose 1.17%.
Rockwell Automation Inc. saw a 1.06% increase in its stock on Tuesday, marking the third consecutive day of gains for the company. Despite this positive trend, the stock underperformed in comparison to some of its competitors, such as Honeywell International Inc., which saw a 1.17% increase. It is important to note that Rockwell Automation Inc. closed at $37.48 below its 52-week high, which was achieved on July 18th. The trading volume for the stock was also below its 50-day average volume. Overall, Tuesday proved to be a good trading session for the stock market as a whole, with the S&P 500 Index and the Dow Jones Industrial Average both experiencing gains.