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Why Honeywell Stock Slumped 17.5% in March

Apr 05, 2020 - Nasdaq

What happened Shares in industrial conglomerate Honeywell International   (NYSE: HON) fell 17.5% in March, according to data provided by  S&P Global Market Intelligence . It was hardly surprising given the havoc wrought on the aerospace industry by the travel bans imposed in order to contain the COVID-19 pandemic. After all, Honeywell's aerospace segment is its biggest profit generator .  However, the stock price decline isn't all about commercial aviation. CEO Darius Adamczyk has previousl...