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Updated · MarketWatch · Apr 30Carrier Global stock rises 8.79% and outperforms competitors
9 articles · Updated · MarketWatch · Apr 30
- Shares closed at $67.17 on Thursday as trading volume reached 15.7 million, far above the 50-day average of 6.6 million.
- The gain came during a broader market rally, with the S&P 500 up 1.02% and the Dow Jones Industrial Average rising 1.62%.
- Carrier still finished 17.17% below its 52-week high of $81.09, while Honeywell, Johnson Controls and Trane posted smaller gains.
With a 500% surge in AI data center orders, has Carrier permanently transformed into a core technology stock? As Carrier's data center orders skyrocket, why did its adjusted operating profit simultaneously plummet by 30%?