Keysight Technologies Inc. Stock Slides 6.3%, Underperforms Peers

Dow Jones
08/20

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

Shares of Keysight Technologies Inc. shed 6.3% to $319.45 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,707.98 and the Dow Jones Industrial Average rising 0.2% to 53,463.05.

This was the stock's second consecutive day of losses.

Keysight Technologies Inc. closed 14.8% short of its 52-week high of $374.96, which the company reached on June 22nd.

The stock underperformed when compared to some of its peers, as Emerson Electric Co. fell 0.1% to $157.60, Agilent Technologies Inc. rose 4.7% to $155.41, and Rockwell Automation Inc. fell 0.09% to $433.27.

Trading volume totaled 3.9 million, compared to the 50-day average of 1.4 million.

Data source: Dow Jones Market Data, FactSet

 

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