US Stock Market Move | Hedge funds are reportedly holding over $5 billion worth of shares in Honeywell International Inc. (HON.US), which surged 8.5% in pre-market trading.
On Tuesday, Honeywell (HON.US) surged 8.5% in pre-market trading, as of the time of writing, it was up 6.58% at $240.06.
On Tuesday, Honeywell International Inc. (HON.US) surged 8.5% in pre-market trading and was up 6.58% to $240.06 at the time of writing. On the news front, hedge fund Elliott Investment Management is said to hold over $5 billion worth of Honeywell Semiconductor. Elliott has expressed interest in partnering with Honeywell International Inc. to help unlock its full potential.
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