Honeywell Just Hit an All-Time High: Could Breaking Up This Dow Dividend Stock Unlock Even More Value?

Biztoc.com - 18. November 2024

Honeywell Just Hit an All-Time High: Could Breaking Up This Dow Dividend Stock Unlock Even More Value?

Shares of Honeywell International (NASDAQ: HON) hit a new all-time high on Tuesday on news that activist investor Elliott Investment Management had amassed a more than $5 billion stake in the industrial conglomerate. With ownership of between 3% and 4% of the…

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