initial public offerings (IPOs) trading on American exchanges

Tuesday, December 17, 2024

Otis Worldwide (OTIS) : 5-year performance

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators.

The company was acquired by United Technologies in 1976. 
In April 2020, Otis Elevators (OTIS) and Carrier Global (CARR) were spun off from United Technologies (UTX) to be independent companies.
United Technologies (UTX) merged with the Raytheon Company to form Raytheon Technologies, later renamed RTX Corporation. 
  • Sector: Industrials
  • Industry: Specialty Industrial Machinery
  • Full Time Employees: 71,000
  • Founded in 1853 
  • Headquartered in Farmington, Connecticut
  • https://www.otis.com

 




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