Carrier Global's Cold Chain Investment: A Hot Move?
Update: 2025-10-21
Description
Carrier Global's stock gets a midday boost thanks to a strategic investment in Net Feasa, a wireless shipping connectivity firm, promising real-time cold chain visibility. A new VP for HVAC in Asia and the Middle East was also appointed. Despite settling at a 3.2% gain, this move signals investor confidence, contrasting with a previous 12% drop after disappointing Q3 results. A $1,000 investment in Carrier five years ago would now be worth $1,784, highlighting the company's ongoing efforts to innovate in global markets.
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