Otis Worldwide Corp
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Industrials : Machinery | Mid Cap Blend
Company profile

Otis Worldwide Corporation is an elevator and escalator manufacturing, installation and service company. The Company operates through two segments: New Equipment and Service. Through its New Equipment segment, it designs, manufactures, sells and installs a range of passenger and freight elevators, as well as escalators and moving walkways to customers in the residential and commercial buildings, and infrastructure projects. The Company sells its New Equipment units directly to customers, as well as through agents and distributors globally. Through its Service segment, the Company performs maintenance and repair services for both its products and those of other manufacturers and provides services to upgrade elevators and escalators. It provides Otis ONE, an Internet of Things (IoT) based solution to connect elevators to OtisLine. Otis also offers a range of passenger experience enhancements such as eView and Otis eCall.

Closing Price
$84.56
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Heavy Day)
Volume:
3,058,659

10-day average volume:
1,732,610
3,058,659

Chevron, Amgen Share Losses Contribute To Dow's 50-point Fall

12:54 pm ET November 23, 2022 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

The Dow Jones Industrial Average is declining Wednesday afternoon with shares of Chevron and Amgen delivering the stiffest headwinds for the price-weighted average. Shares of Chevron (CVX) and Amgen (AMGN) have contributed to the index's intraday decline, as the Dow was most recently trading 59 points, or 0.2%, lower. Chevron's shares have fallen $3.05, or 1.6%, while those of Amgen are down $4.37, or 1.5%, combining for an approximately 49-point drag on the Dow. Verizon (VZ), Home Depot (HD), and 3M (MMM) are also contributing significantly to the decline. A $1 move in any of the index's 30 components results in a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.

	

(END) Dow Jones Newswires

November 23, 2022 12:54 ET (17:54 GMT)

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