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Honeywell to transfer stock listing to Nasdaq

·1 min read
Honeywell to transfer stock listing to Nasdaq
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Honeywell International Inc. said Friday that it will transfer the listing of its common stock to the Nasdaq Stock Market from the New York Stock Exchange. The aerospace, control technologies and performance materials company said its stock will start trading on the Nasdaq on May 11, under the same "HON" ticker symbol. "Honeywell is the world's premier software-industrial company, shaping the future of technology and sustainability," said Chief Executive Darius Adamczyk. "Nasdaq's long tradition of listing category-defining technology companies aligns well with Honeywell's cutting-edge technology and sustainability portfolio." After the transfer, Honeywell stock will become the seventh Dow Jones Industrial Average component listed on the Nasdaq. Honeywell shares, which were little changed in premarket trading, has rallied 57.8% over the past 12 months, while the Nasdaq Composite has advanced 58.4% and the Dow has climbed 39.9%.