Carrier Global Shares Face Sustained Downward Pressure

Carrier Global Corp’s stock continues to experience significant selling pressure as company executives prepare to address investors at today’s Baird Industrial Conference. The equity has declined more than 22% since July, confirming a clear downward trajectory through technical analysis.

All attention turns to CEO David Gitlin and CFO Patrick Goris as they outline Carrier’s strategic direction for climate and energy solutions at the Baird conference. Whether their presentation can reverse the current bearish sentiment remains uncertain amid challenging market conditions.

The company’s technical picture reveals substantial weakness. Yesterday’s trading saw shares break below the 20-day moving average at €49.24, extending a decline that began on July 29. The broader Read more...