Published on 28 Sep 2022 on Market Watch
Carrier Global Corp. stock outperforms competitors on strong trading day
Shares of Carrier Global Corp. rose 3.80% to $36.90 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.97% to 3,719.04 and the Dow Jones Industrial Average rising 1.88% to 29,683.74. This was the stock's second consecutive day of gains. Carrier Global Corp. closed $21.07 short of its 52-week high ($57.97), which the company achieved on November 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as CRH PLC ADR rose 3.36% to $32.60, Johnson Controls International PLC rose 4.04% to $51.28, and PPG Industries Inc. rose 2.02% to $113.30. Trading volume (4.5 M) eclipsed its 50-day average volume of 4.3 M.