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Why Honeywell Stock Topped the Market on Tuesday
HONHoneywell(HON) The Motley Fool·2024-10-09 06:15

The company is forging ahead with its long-term goal of becoming leaner and more focused. News of a business rationalization measure lifted Honeywell International (HON 1.80%) stock comfortably into positive territory on Tuesday. The storied industrial company's shares closed the day almost 2% higher, a figure that was more than high enough to top the benchmark S&P 500 index's increase of less than 1%. Advancing the rationalization process Well before the market open, Honeywell broke the news that it plans ...