Honeywell International Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Honeywell International Inc. (HON) slipped 2.65% to $204.47 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.16% to 3,808.10 and Dow Jones Industrial Average falling 1.02% to 32,930.08. This was the stock's second consecutive day of losses. Honeywell International Inc. closed $17.42 short of its 52-week high ($221.89), which the company reached on January 13th.
The stock underperformed when compared to some of its competitors Thursday, as General Electric Co. (GE) rose 1.55% to $71.29, 3M Co. (MMM) fell 1.75% to $122.96, and Johnson Controls International PLC (JCI) fell 1.17% to $65.03. Trading volume (4.0 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2023.
(END) Dow Jones Newswires
January 05, 2023 17:00 ET (22:00 GMT)
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