Stock Market Fluctuations: Carrier Global and Marathon Oil Rise, RH and Newmont Fall
Significant events such as division sales, disappointing financial results, and leadership changes impact stock prices.
- Carrier Global Corp. is selling its security division to Honeywell for $4.95 billion, causing its stock to rise.
- Marathon Oil Corp. saw a rise in its stock due to energy companies gaining ground along with rising crude oil prices.
- RH, a furniture and housewares company, reported disappointing third-quarter results, leading to a fall in its stock.
- Newmont Corp., a gold producer, saw a decrease in its stock as prices for the precious metal fell.
- Levi Strauss & Co. announced that its CEO, Chip Bergh, will step down in January and will be succeeded by Michelle Gass, leading to a decrease in its stock.
Washington Post 
Associated Press 