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Why Honeywell Stock Is Down Today

Why Honeywell Stock Is Down Today

Honeywell International (NASDAQ: HON) is acquiring a bolt-on business and shaking up another unit. The moves could work out over the long run but on Wednesday are putting pressure on the shares, sending Honeywell stock down as much as 3%. Honeywell is an industrial conglomerate focused on aerospace, building controls, and intelligent warehouses.