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June 2, 2021, 4:42 p.m. EDT

Carrier Global Corp. stock falls Wednesday, underperforms market

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Shares of Carrier Global Corp. CARR shed 1.71% to $46.05 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.14% to 4,208.12 and the Dow Jones Industrial Average DJIA rising 0.07% to 34,600.38. The stock's fall snapped a three-day winning streak. Carrier Global Corp. closed $1.04 short of its 52-week high ($47.09), which the company achieved on June 1st.

The stock underperformed when compared to some of its competitors Wednesday, as CRH PLC ADR CRH fell 0.19% to $52.54, Johnson Controls International PLC JCI fell 0.95% to $66.39, and PPG Industries Inc. PPG fell 0.23% to $180.34. Trading volume (5.7 M) remained 640,971 below its 50-day average volume of 6.4 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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