Honeywell Stock Falls on Forecast Cut
HONHoneywell(HON) Schaeffers Investment Research·2024-07-25 22:57

Honeywell International Inc (NASDAQ:HON) stock is moving sharply lower today, despite better-than-expected second-quarter earnings and sales growth, after the company slashed its full-year guidance. The company's industrial automation business fell behind, dropping 8% year over year, while its aerospace business grew 16%, and building and energy-related sales grew 4% and 2%, respectively. At last check, HON was down 5.2% at 202.63,earlieraslowas202.63, earlier as low as 199, and headed for its worst daily percentage loss sinc ...