Detroit And New York's Air Quality Plunge To Dangerous Levels Amid Canadian Wildfires
Portfolio Pulse from AJ Fabino
Smoke from over 413 active wildfires in Canada is causing poor air quality in Detroit and New York, leading to the cities having the second- and third-worst air quality in the world. Honeywell International Inc (NASDAQ:HON), a manufacturer of air purifiers, saw its shares move to the upside during Wednesday's premarket session.
June 07, 2023 | 1:59 pm
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Honeywell International Inc (NASDAQ:HON) saw its shares move to the upside during Wednesday's premarket session due to increased demand for air purifiers caused by poor air quality from Canadian wildfires.
The poor air quality in Detroit and New York caused by the Canadian wildfires has led to increased demand for air purifiers. As Honeywell International Inc manufactures air purifiers, the company's shares moved to the upside during Wednesday's premarket session. This indicates a positive short-term impact on HON's stock price.
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