Honeywell heads into the weekend up 4%, as IPO talk and aerospace plans swirl
Honeywell shares rose 2.1% Friday to $237.86, up 4.4% since May 22. Quantinuum, backed by Honeywell, is considering raising its IPO size and price range by about 10%, seeking a valuation up to $12.7 billion. Honeywell Aerospace will hold its first investor day June 3 ahead of a planned June 29 spin-off. U.S. markets will close May 25 for Memorial Day.