DJ Carrier Global Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Carrier Global Corp. $(CARR)$ rallied 4.51% to $64.87 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
The stock's rise snapped a two-day losing streak.
Carrier Global Corp. closed 22.14% below its 52-week high of $83.32, which the company reached on October 15th.
The stock outperformed some of its competitors Wednesday, as Honeywell International Inc. $(HON)$ rose 0.78% to $209.62, Johnson Controls International PLC $(JCI)$ rose 1.63% to $82.22, and Trane Technologies PLC $(TT)$ rose 1.59% to $348.65.
Trading volume (6.5 M) eclipsed its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 16:47 ET (21:47 GMT)
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