Honeywell Edges Up With Aerospace Spin-Off and Automation Plans in View
Honeywell International Inc. shares gained this week as traders watched for updates on the company’s post-breakup path and the coming spin of Honeywell Aerospace. HON finished Friday at $220.31, up 0.54%. Volume was about 4.66 million shares, with a market cap around $139.6 billion. The price move was small by the end of the day, but Honeywell’s status as a Dow component meant the stock lent support to the Dow’s session advance, since the price-weighted index moves with changes in big-name shares, according to MarketWatch.
