Emerson Electric stock sheds 4.66% in market downturn

5 articles · Updated · MarketWatch · May 7

Shares closed at $141.09 on Thursday as the S&P 500 fell 0.38% to 7,337.11 and the Dow dropped 0.63% to 49,596.97.
The decline ended a two-day winning streak and left Emerson 14.57% below its 52-week high of $165.15 reached on 11 February.
Against peers, Honeywell fell 0.36%, GE Aerospace lost 1.05%, and Eaton dropped 5.28%, leaving Emerson weaker than some rivals but ahead of Eaton.

With its stock falling, is Emerson’s pivot to AI and software happening too slowly for anxious investors?

With Honeywell also pivoting to automation, can Emerson's AI strategy give it a definitive market edge?