Why Johnson Controls Stock Is Up Today
Johnson Controls(JCI) fool.com·2024-05-20 15:52An activist is reportedly building a stake in the industrial giant.A prominent activist has reportedly taken a position in Johnson Controls International (JCI 2.92%), which could be the first step toward pushing for change at a company that has underperformed of late.Investors are intrigued, sending shares of Johnson Controls up as much as 5.8% on Monday morning and up 3% as of 11 a.m. ET.An underperformer catches the eyeJohnson Controls is a maker of climate-control, security, and other building products. ...