Bearish mood pushes Honeywell to session low of $184.24

Published: March 19 2023, 16:15 GMT+0

Bearish mood pushes Honeywell to session low of $184.24

A quick look at Friday: during Friday's session, Honeywell International toiled and struggled for upward momentum before closing at $184.64. By the close, the the manufacturing and technology company suffered a $4.5 or 2.38% loss.

Honeywell was not the only decliner in the industrials sector; Raytheon Technologies went down to $95.75, losing 2.38% after it closed at $98.08 Friday. Lockheed Martin went down 1.56%, closed at $473.24. Union Pacific went down to $190, losing 1.5% after it closed at $192.91 Friday.

Pointing downwards for around 2 months. The current year has not been the best for the multinational conglomerate as it lost 10.08% from its highest point of $220.05.

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