Johnson Controls shares are trading lower after the company late Wednesday said it experienced a cybersecurity incident.
Portfolio Pulse from Benzinga Newsdesk
Johnson Controls experienced a cybersecurity incident, which led to a decrease in its share price.
September 28, 2023 | 2:22 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Johnson Controls' shares are trading lower due to a cybersecurity incident.
Cybersecurity incidents can lead to potential disruptions in a company's operations and damage its reputation, which can negatively impact the stock price. In this case, Johnson Controls' shares are trading lower following the announcement of the incident.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100