Tiger Brokers

Eaton Corp. PLC Stock Slides 7.6%, Underperforms Peers

Dow Jones
1 hour ago

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

Shares of Eaton Corp. PLC slid 7.6% to $393.16 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,619.98 and Dow Jones Industrial Average falling 0.3% to 52,421.20.

Eaton Corp. PLC closed 17.7% below its 52-week high of $478.00, which the company achieved on August 12th.

The stock underperformed when compared to some of its peers, as GE Aerospace fell 1.9% to $317.56, Emerson Electric Co. fell 2.6% to $148.30, and TE Connectivity PLC fell 4.05% to $203.37.

Trading volume totaled 3.2 million, compared to the 50-day average of 2.1 million.

Data source: Dow Jones Market Data, FactSet

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