Honeywell International (HON) Surges 8.9%: Is This an Indication of Further Gains?
Honeywell International Inc. (HON) shares soared 8.9% in the last trading session to close at $199.10. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 12.3% loss over the past four weeks.Honeywell’s rally is buoyed by optimism regarding the Trump administration’s announcement of a temporary halt on reciprocal tariffs for dozens of countries. The market is also upbeat about the company’s recent corporate update. Honeywell appointe ...