Simon Quick Advisors LLC invests $443,000 in
Otis Worldwide Co. (OTIS).
CT-based company places its
Bloomfield facility in the market. Shareholders express opposition towards the executive pay at Otis. The company settles over $600,000 in
False Claims Act allegations. Otis flourishes amid uncertainty and technological evolution thanks to leadership of
Judy Marks. Low exposure to tariffs positively affects the company's stock. Multiple financial entities such as
Handelsbanken Fonder AB, Miracle Mile Advisors LLC, and
Merit Financial Group LLC remodel their stakes in Otis.
Space Needle inaugurates its first Otis double-deck, panoramic glass elevator. After missing Q4 estimates, Otis's stock price decreases. Various companies like
Waverly Advisors LLC and Meyer Handelman Co. reinvest in Otis. The company reports a 31% decrease in profits due to slumping China sales. It forecasts that tariffs will cost it tens of millions. Otis's shareholders vote on executive pay. Amidst market shifts, Otis stock hits a 52-week low at $90.09, Meanwhile,
Otis Worldwide's Q1 earnings beat estimates though sales miss resulting in stock partially going down. Otis is selected as an elevator and escalator supplier for a big project in Kaohsiung.
Otis Worldwide Corporation OTIS News Analytics from Sat, 26 Oct 2024 07:00:00 GMT to Sat, 14 Jun 2025 08:40:44 GMT -
Rating 6
- Innovation 5
- Information 9
- Rumor -7
