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Here's What Honeywell's Big News Means for Investors
HONHoneywell(HON) The Motley Fool·2024-10-20 00:24

The industrial conglomerate's shareholders will have to wait to see the full results of its restructuring. The announcement of a future spin-off of Honeywell's (HON 1.12%) advanced materials business caused a spike in the share price and some rare excitement for a stock that hasn't gone anywhere over the last three years. But is it a temporary break in the slumber or the start of a significant move upward in the price? Here's what you need to know about Honeywell's latest news. Honeywell cheers the market T ...