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Honeywell Stock Soars 1.61% in Second Consecutive Day of Gains, Trading Volume Ranks 85th

Market BriefFriday, May 2, 2025 7:34 pm ET
1min read

On May 2, 2025, honeywell (HON) experienced a 1.61% increase in stock price, marking its second consecutive day of gains with a total increase of 1.72% over the past two days. The company's trading volume reached $922 million, placing it 85th in the day's trading rankings.

Honeywell's strong performance can be attributed to its impressive first-quarter earnings report for 2025. The company's stock surged following the release of its earnings, which highlighted robust growth drivers and a positive outlook for the year. Analysts have responded to these results by increasing their forecasts for Honeywell, further bolstering investor confidence.

In addition to its strong earnings, Honeywell has also boosted its 2025 profit forecast. Despite absorbing $500 million in tariffs, the company remains optimistic about its financial prospects. This resilience has been noted by analysts, who continue to monitor Honeywell's performance closely.

Ask Aime: Is Honeywell's stock surge a sign of a new market trend?

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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