Honeywell Stock Falls After Split News Despite GE's Spinoff Success
1. Honeywell plans to split into three companies to enhance stock returns. 2. Despite plans, shares fell 10%, raising investor concerns. 3. Elliott Investment Management predicts up to 75% stock increase post-split. 4. Financial performance mixed; 2025 revenue forecast falls short of expectations. 5. Industry peers show mixed results from similar breakup strategies.