Otis Worldwide Corporation (OTIS) has had an eventful period, with both ups and downs impacting its stock price. Major activities have seen OTIS insider's selling
US$3.4m in stocks, indicating possible weakness, while
Assenagon Asset Management has increased its position in OTIS stocks. Other stakeholders, like
Eastern Bank and
Bank Pictet, have also invested in OTIS. At the same time, Dumont & Blake Investment Advisors and Copeland Capital Management have sold their shares. Despite experiencing stock fluctuations, OTIS has been rated among
World's Best Employers. The company's earnings are expected to grow, but it's also subject to investigation by the Italian competition watchdog. Other significant developments include a new contract to modernize 101 Collins Street Melbourne, Otis Taiwan acquiring Jardine Schindler Lifts, and OTIS's announcement of its Q2 earnings. Furthermore,
JPMorgan Chase & Co has strategically acquired shares of Otis Worldwide Corp, while Otis Worldwide Co.'s shareholders may be contemplating an exit strategy given the company’s current situation.
Otis Worldwide Corporation OTIS News Analytics from Mon, 22 Jan 2024 08:00:00 GMT to Sat, 26 Oct 2024 14:00:10 GMT -
Rating 2
- Innovation 0
- Information 8
- Rumor -6
