Honeywell International Filed For Offering Of 2M Shares Of Common Stock By Selling Stockholders
Portfolio Pulse from Benzinga Newsdesk
Honeywell International has filed for an offering of 2 million shares of common stock by selling stockholders. This move could impact the stock's supply and demand dynamics in the short term.
October 24, 2024 | 9:09 pm
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Honeywell International's filing for an offering of 2 million shares by selling stockholders may affect the stock's supply and demand, potentially impacting its price in the short term.
The offering of 2 million shares by selling stockholders increases the supply of Honeywell's stock in the market. This could lead to downward pressure on the stock price in the short term as the market absorbs the additional shares.
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