Published on 3 Aug 2022 on Market Watch
Shares of Carrier Global Corp. dropped 0.39% to $40.41 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.67% to 4,091.19 and Dow Jones Industrial Average falling 1.23% to 32,396.17. The stock's fall snapped a two-day winning streak. Carrier Global Corp. closed $18.48 below its 52-week high ($58.89), which the company reached on August 30th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as CRH PLC ADR fell 2.46% to $37.33, Johnson Controls International PLC fell 0.67% to $53.76, and PPG Industries Inc. fell 2.06% to $126.65.true Trading volume (6.5 M) eclipsed its 50-day average volume of 4.6 M.