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Honeywell confirms plans to split into 3 companies

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Honeywell confirms plans to split into 3 companies

Honeywell International (HON) stock is in focus after the company confirmed plans to split its businesses into three companies: Honeywell Automation, Honeywell Aerospace, and Advanced Materials. The split comes after pressure from activist investor Elliott Management.

Seana Smith and Brad Smith break down the change and what it means for investors.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Naomi Buchanan.



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