Why Resideo Technologies Stock Soared Again in December
Shares in home-comfort and security products company Resideo Technologies (NYSE: REZI) rose 15% in December, according to data provided by S&P Global Market Intelligence. Overall, the Honeywell International spinoff (publicly listed in late 2018) recovered well from a difficult 2019, when guidance cuts, a CEO resignation, and disappointing results led to a major slump in the share price.