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Honeywell Aerospace Goes Solo on Nasdaq | Raleigh News
Honeywell Aerospace just soared onto the Nasdaq under ticker HONA in a bold spinoff move, offering investors a focused bet on aerospace and defense — from jet engines to spacecraft parts for Boeing and the U.S. military. The stock opened above its issue price, signaling strong early market confidence. This breakup follows a trend of industrial giants splitting into specialized units, letting investors target specific sectors more precisely. The parent company retains HON for its automation business, while HONA flies solo with new shares distributed to existing shareholders. Market reaction…
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