Honeywell International Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Honeywell International Inc. (HON) shed 3.77% to $204.24 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. This was the stock's second consecutive day of losses. Honeywell International Inc. closed $16.72 below its 52-week high ($220.96), which the company achieved on November 25th.
The stock underperformed when compared to some of its competitors Wednesday, as General Electric Co. (GE) fell 1.52% to $79.27, 3M Co. (MMM) fell 3.04% to $122.75, and Johnson Controls International PLC (JCI) fell 2.38% to $66.16. Trading volume (5.1 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:00 ET (22:00 GMT)
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