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

3M Co. Stock Falls Wednesday, Underperforms Market

4:31 pm ET November 23, 2022 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of 3M Co. (MMM) slid 0.47% to $128.00 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. The stock's fall snapped a two-day winning streak. 3M Co. closed $53.78 below its 52-week high ($181.78), which the company reached on January 5th.

The stock underperformed when compared to some of its competitors Wednesday, as Illinois Tool Works Inc. (ITW) fell 0.03% to $228.68, General Electric Co. (GE) rose 0.65% to $87.87, and Danaher Corp. (DHR) rose 0.50% to $263.35. Trading volume (2.3 M) remained 919,467 below its 50-day average volume of 3.3 M.

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

	

(END) Dow Jones Newswires

November 23, 2022 16:31 ET (21:31 GMT)

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