Here's Why Rockwell Automation Stock Fell This Week
ROKRockwell Automation(ROK) The Motley Fool·2024-02-03 01:00

Shares in Rockwell Automation (ROK 1.28%) declined by 13.2% this week to Friday, according to data provided by S&P Global Market Intelligence. The move comes after a disappointing set of fiscal first-quarter results. In a familiar refrain among industrial stocks this earnings season, Rockwell's management promised its second half would be better than its first half.Ending calendar year 2023 on a weak noteAs previously discussed, Rockwell is going through an unusual period right now. The supply chain difficu ...