Top 5 Losers on Tuesday

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1. Rockwell Automation, Inc. (NYSE:ROK) has crashed 13.64% as of 1:36 PM ET after the industrial automation provider lowered its FY22 revenue outlook from 16% – 19% to 11% – 15%. Rockwell Automation, Inc.’s (NYSE:ROK) chief executive officer shared that the company recorded lower sales and profits due to supply-chain snags. Rockwell Automation, Inc. (NYSE:ROK) saw “supplier push-outs and de-commits for electronic component shipments” owing to Covid 19 and the Russia-Ukraine conflict.

At the end of Q4 2021, 31 hedge funds held a position in Rockwell Automation, Inc. (NYSE:ROK), up from 29 in the preceding quarter.

You can also take a peek at the 10 Best Micro-Cap Stocks to Buy According to Hedge Funds and 10 Favorite Stocks of Billionaire Izzy Englander.

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