Published on 26 Jul 2022 on Market Watch
Carrier Global Corp. stock outperforms competitors despite losses on the day
Shares of Carrier Global Corp. slipped 0.37% to $38.09 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.15% to 3,921.05 and Dow Jones Industrial Average falling 0.71% to 31,761.54. This was the stock's second consecutive day of losses. Carrier Global Corp. closed $20.80 below its 52-week high ($58.89), which the company achieved on August 30th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as CRH PLC ADR fell 1.98% to $35.63, Johnson Controls International PLC fell 0.47% to $50.38, and PPG Industries Inc. fell 0.51% to $126.22.true Trading volume (5.4 M) eclipsed its 50-day average volume of 4.7 M.