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BUZZ-Honeywell rises after report company preparing for a breakup

ReutersFeb 6, 2025 10:28 AM

Shares of Honeywell HON.O rise 5.7% at $234.95 premarket

The conglomerate is expected to reveal its plans to separate its aerospace business from its automation division, the Wall Street Journal reports, citing people familiar with the matter

Stock down 1.6% YTD vs 3.1% gain in the S&P 500 .SPX

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