Electrical Stocks Hold Up Reasonably Well in Today’s Big Tumble

Electrical Stocks Hold Up Reasonably Well in Today’s Big Tumble

Most electrical stocks seem to be holding up fairly well in the stock market’s dip on Monday morning. At approximately 10 a.m. Central Time, the Dow Jones Index was down about 3%, and relatively few stocks were down more than that. Amongst manufacturers, Acuity Brands (-3.81%); FLIR (-3.72%); Pentair (-3.61%); Legrand (-3.5%); and Eaton (-3.47%); were down more than the Dow. Of all the publicly held electrical stocks that Electrical Wholesaling tracks, Fastenal was down the most this morning at -4.42%. Three stocks were actually up this morning – Cree (+2.32%); Houston Wire & Cable (+0.28%); and Magnetek (+0.10%)

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