Why Rockwell Automation Stock Is Falling Today
Rockwell Automation(US:ROK) The Motley Fool·2024-01-31 19:36Rockwell Automation (ROK -16.02%) is struggling, due to persistent supply chain issues and sluggish demand. Shares of the industrial tech company traded down 15% as of 2 p.m. ET on Wednesday after the company reported disappointing results and trimmed guidance.Headwinds blow Rockwell off course in the quarterRockwell is a provider of industrial automation and digital tools that help make warehouses and other facilities more efficient. These are important tools for customers looking to trim costs but also no ...