DJ Carrier Global Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Carrier Global Corp. $(CARR)$ rose 1.12% to $64.80 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.59% to 5,954.50 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
The stock's rise snapped a two-day losing streak.
Carrier Global Corp. closed 22.23% short of its 52-week high of $83.32, which the company achieved on October 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Honeywell International Inc. $(HON)$ rose 0.83% to $212.89, Johnson Controls International PLC $(JCI)$ rose 1.67% to $85.66, and Trane Technologies PLC $(TT)$ rose 2.74% to $353.70.
Trading volume (6.8 M) eclipsed its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
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(END) Dow Jones Newswires
February 28, 2025 16:47 ET (21:47 GMT)
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